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Actuant Reaches Agreement to Acquire FourQuest MENAC

MILWAUKEE--(BUSINESS WIRE)--Actuant Corporation (NYSE:ATU) announced today that it has acquired the business and assets of the Middle East, Caspian and North Africa division (“FourQuest MENAC”) of privately owned Canadian-based FourQuest Energy Inc for approximately $60 million. Based in Dubai, UAE, FourQuest MENAC maintains a leading position in the provision of pipeline and process services across the Caspian, the Middle East and the North Africa regions. It provides a full range of industria

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