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LongRange to Carve US Synthetic from ChampionX

  • LongRange Capital has agreed to acquire US Synthetic from ChampionX Corporation.
  • The sale of US Synthetic is expected to close following the completion of Schlumberger’s acquisition of ChampionX.
  • US Synthetic specializes in manufacturing polycrystalline diamond (PCD) cutters used in the oil and gas industry.
  • LongRange Capital will support US Synthetic in delivering innovative PCD solutions and expanding into new applications for synthetic diamond technology.

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