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Plexus Holdings (POS LN)

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Analysis

Energy • United Kingdom

Plexus Holdings plc provides equipment and services for the oil and gas industry in the in the United Kingdom, Europe, and internationally. It principally markets POS-GRIP, a patented method of engineering for oil and gas field wellheads and connectors, which includes deforming one tubular member against another in the elastic range to effect gripping and sealing. The company is also involved in the rental, supply, and sale of wellheads, and associated equipment and services for oil and gas drilling; and the exploitation of subsea applications. Plexus Holdings plc was incorporated in 1997 and is based in Walton-on-Thames, the United Kingdom.

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