M&A Deal Summary

Basin Holdings Acquires Driltools International FZCO

On November 17, 2014, Basin Holdings acquired distribution company Driltools International FZCO

Acquisition Highlights
  • This is Basin Holdings’ 1st transaction in the Distribution sector.
  • This is Basin Holdings’ 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2014-11-17
Target Driltools International FZCO
Sector Distribution
Buyer(s) Basin Holdings
Deal Type Add-on Acquisition

Target

Driltools International FZCO

Dubai, United Arab Emirates
Driltools International FZCO is an oilfield equipment supply and distribution to the global energy industry..

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Buyer(S) 1

Buyer

Basin Holdings

New York, New York, United States

Category Company
Sector Energy Services and Equipment
DESCRIPTION

Basin Holdings is a global holding company focused on providing products and services to energy and industrial customers. The Company operates in seven sectors: equipment supply and distribution, drilling tools, production and completion tools, material handling, precision machining, power solutions, and specialty products. Our global reach into emerging markets is an important differentiator. Basin currently manufactures oilfield equipment in North America, and distributes equipment and services through its global network of procurement centers, sales offices, and on-site supply stores.


DEAL STATS #
Overall 5 of 7
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 5 of 7
Country: United Arab Emirates M&A 1 of 1
Year: 2014 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-04 Beck Oilfield Supply

Hennessey, Oklahoma, United States

Beck Oilfield Supply, Inc. is a provider of an oilfield supplies across multiple locations in Oklahoma, Texas, and Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-26 Anderson Machining Service

Jefferson, Wisconsin, United States

Anderson Machining Service, Inc. is a manufacturer of precision components and assemblies used in the hydraulic, recreational vehicle, and energy industries.

Buy -