Add-on Acquisition • Machinery

Delta Rigging & Tools Acquires Coastal Wire Rope & Supply

On July 17, 2008, Delta Rigging & Tools acquired machinery company Coastal Wire Rope & Supply

Acquisition Context
  • This is Delta Rigging & Tools’ 3rd transaction in the Machinery sector.
  • This is Delta Rigging & Tools’ 3rd transaction in the United States.
  • This is Delta Rigging & Tools’ 2nd transaction in Louisiana.

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M&A Deal Summary

Date July 17, 2008
Target Coastal Wire Rope & Supply
Sector Machinery
Buyer(s) Delta Rigging & Tools
Deal Type Add-on Acquisition

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 3 of 5
Sector: Machinery 3 of 3
Type: Add-on Acquisition 3 of 5
State: Louisiana 2 of 3
Country: United States 3 of 5
Year: 2008 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-17 American Sling Co.

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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-01-13 D&M Wire Rope

Grand Junction, Colorado, United States

D&M Wire Rope, Inc. is specializes in the fabrication and distribution of chain, wire rope, wire rope slings, synthetic slings, and rigging hardware.

Buy -