Hunting PLC (LSE:HTG) acquired 40% stake in Hunting Energy Services (UK) Limited from Marubeni-Itochu Steel Inc. and Marubeni-Itochu Tubulars Europe Plc. on December 31, 2021. Hunting Energy Services (UK) Limited generated revenue of $35.3 million, booked a pre-tax loss of $8.5 million and Gross Assets of $60.7 million in 2020. Gary Green, Dex Destombes, Judith Aldersey - Williams, Alison Woods and Reinout Slot of CMS Cameron McKenna Nabarro Olswang LLP acted as a legal advisor to Hunting Energy Services (UK) Limited.

Hunting PLC (LSE:HTG) completed the acquisition of 40% stake in Hunting Energy Services (UK) Limited from Marubeni-Itochu Steel Inc. and Marubeni-Itochu Tubulars Europe Plc. on December 31, 2022.