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Re: fink post# 572

Saturday, 08/03/2019 11:26:47 AM

Saturday, August 03, 2019 11:26:47 AM

Post# of 1994
Skye was going for global distribution with Lockwood International (private, ahem)... I’m trying to figure out whether they want to utilize the public vehicle for something truly great here... I have no doubt that Halliburton or Schlumberger would be interested in what Skye has.

“Sarge's Solutions, Lockwood Family of Companies is honored to partner with Skye Petroleum and we anticipate great accomplishments in this new partnership. With our vast global distribution already in place and the incredible products that we offer to the pipeline, storage tank, exploration and production, barge and rail industries we bring exciting innovation to our customers and solutions to their daily problems." - Sarge Summers, President - Sarge's Solutions

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=102276588

One of their first large contracts was awarded in 2001 by Exxon Mobil. Owner Tom Lockwood describes their visionary approach to corporate growth from when they won the historic contract. “When we won the North American valve contract with Exxon Mobil we had to open a series of branches to support the business. Today we operate in Baytown, Houston, Beaumont, Chicago, and Los Angeles, Alberta, Sarnia, and Baton Rouge. But, the growth didn’t stop there. We then took on projects in South Africa, Singapore, Italy, and Brazil. And then the next contracts with INVISTA and Koch enabled us to grow even more”

https://www.cobrt.com/archived-blog/2012/03/lockwood-international

York Capital Management purchased substantially all of the assets located in the United States and Singapore of Lockwood Holdings, Inc. and certain of its affiliates (collectively, the “Seller”) in a 363 asset acquisition supervised by the United States Bankruptcy Court for the Southern District of Texas, Houston Division. In connection with the acquisition, York injected fresh equity into Lockwood Partners, LLC, a newly formed portfolio company of York that will continue the operation of Seller’s leading industrial valve distribution business.

http://www.globallegalchronicle.com/york-capital-managements-acquisition-of-certain-assets-of-lockwood-international/

York Capital Management is a global institutional investment management firm with approximately $20.5 billion in assets under management as of March 2018.

https://en.m.wikipedia.org/wiki/York_Capital_Management

https://lockwoodpartners.com/about/