Universal Compression Holdings Inc., Houston, has purchased KCI Inc., Tulsa, Okla., for approximately $26.3 million in cash and 694,927 shares of Universal common stock. Universal also paid KCI's approximately $51 million of debt. KCI was advised in the transaction by East Side Advisors Inc. Fugro Airbourne Surveys has acquired Marsco Inc., Houston. Fugro will receive geotechnical engineers, laboratory testing technicians, instrumentation and electronics specialists and drilling and exploration personnel in the acquisition. Ipec Ltd., Calgary, plans to acquire Delta Pipeline Ltd., a subsidiary of Badger Daylighting Inc., Calgary, for C$8.1 million, consisting of approximately C$1.4 million of cash and the assumption of C$6.7 million of debt.The divestiture will allow Badger to focus on its core business of daylighting with a particular emphasis on developing its operations in the U.S. Willbros Group Inc., Houston, has acquired MSI Energy Services Inc. for about C$13 million. Willbros offered C$0.95 per MSI common share and C$0.05 per MSI Class C share. Wellco Energy Services Inc., Calgary, plans to buy Altex Oilfield Equipment Ltd., a private Calgary manufacturer of proprietary flare-tank systems. The flare-tank system is used in gas drilling and production. Wellco will acquire Altex's inventory of flare-tank systems, which it will then rent to Wellco clientele. The deal, along with Wellco's recent acquisition of Eco Tech Water Systems Ltd., total a C$2-million expansion to Wellco's environmental services division.
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