ClosedPublished 28 May 2024

Drilling Tools International, Inc. /
Casing Technologies Group Limited

Drilling Tools International, Inc. completes Casing Technologies Group Limited purchase

Buy side: Drilling Tools International, Inc.
Buy sideDrilling Tools International, Inc.
Target: Casing Technologies Group Limited
TargetCasing Technologies Group Limited
Source · 28 May 2024Source-verified
Buy side: Drilling Tools International, Inc.
Buy sideDrilling Tools International, Inc.
Target: Casing Technologies Group Limited
TargetCasing Technologies Group Limited
01 / BuyerDrilling Tools International, Inc.
02 / TargetCasing Technologies Group Limited
Source-verified
01

What happened

Drilling Tools International, Inc. acquired Casing Technologies Group Limited on March 15, 2024. The acquisition included its wholly owned subsidiary, Deep Casing Tools Limited.

The gross cash purchase consideration was £16.2 million, or approximately $20.9 million.

02

The source

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01
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Drilling Tools International, Inc. completes Casing Technologies Group Limited purchase

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