M&A Deal Summary

Delta Rigging & Tools Acquires American Sling

On May 17, 2007, Delta Rigging & Tools acquired machinery company American Sling

Acquisition Highlights
  • This is Delta Rigging & Tools’ 2nd transaction in the Machinery sector.
  • This is Delta Rigging & Tools’ 2nd transaction in the United States.
  • This is Delta Rigging & Tools’ 1st transaction in Texas.

M&A Deal Summary
Date 2007-05-17
Target American Sling
Sector Machinery
Buyer(s) Delta Rigging & Tools
Deal Type Add-on Acquisition

Target

American Sling

Hurst, Texas, United States
American Sling Co. Inc. is a manufacturer and distributor of an industrial lifting devices and rigging hardware for the mining, manufacturing, construction, and defense industries.

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Buyer(S) 1

Buyer

Delta Rigging & Tools

Pearland, Texas, United States
Category Company
Founded 1991
Sector Business Services
DESCRIPTION

Delta Rigging & Tools, Inc. is a provider of lifting products and services.

DEAL STATS #
Overall 2 of 5
Sector (Machinery) 2 of 3
Type (Add-on Acquisition) 2 of 5
State (Texas) 1 of 1
Country (United States) 2 of 5
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-08-16 Delta Wire Rope

Broussard, Louisiana, United States

Delta Wire Rope, Inc. is a manufacturer of rigging products for the oilfield drilling and production, construction, timber, marine, and transportation industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-17 Coastal Wire Rope & Supply

Houma, Louisiana, United States

Coastal Wire Rope & Supply, Inc. is a manufacturer and distributor of wire ropes, chains, cordages, rigging hardware, and slings for the oilfield, industrial, and marine industries.

Buy -
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