NewTech Drilling Products - Ownership and Business Overview

MachineryCompany

NewTech Drilling Products Ownership

Who owns NewTech Drilling Products?

NewTech Drilling Products is owned by Atlas Copco AB. It was acquired on September 25, 2012.

NewTech Drilling Products Business Overview

Where is NewTech Drilling Products headquartered?

NewTech Drilling Products is headquartered in Salt Lake City, Utah.

What sector is NewTech Drilling Products in?

NewTech Drilling Products is a machinery company.

When was NewTech Drilling Products founded?

NewTech Drilling Products was founded in 2001.

Machinery M&A Summary in 2012

Out of 60 sectors in the Mergr database, machinery ranked 12 in number of deals in 2012. The largest machinery acquisition in 2012 was Accudyne Industries - which was acquired by The Carlyle Group for $3.5B.

Join Mergr to view all 192 acquisitions of machinery companies in 2012, including 41 acquisitions by private equity firms, and 151 by strategics.

NewTech Drilling Products LLC

6152 South 350 West,
Salt Lake City, Utah 84107
United States,
(801) 281-1682
www.newtechdp.com

NewTech Drilling Products LLC is a developer and manufacturer of drilling products with a focus on rotary PDC (polycrystalline diamond compact) drill bits as well as klaw bits for rotary soft rock mining.


Company Summary

SECTOR

Machinery

Revenue

45   2011
(millions of SEK)

Established

2001

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