M&A Deal Summary

Driconeq Production AB Acquires Drillstar Engineering Pty

On October 16, 2012, Driconeq Production AB acquired manufacturer Drillstar Engineering Pty

Acquisition Highlights
  • This is Driconeq Production AB’s 1st transaction in the Manufacturing sector.
  • This is Driconeq Production AB’s 1st transaction in Australia.

M&A Deal Summary

Date 2012-10-16
Target Drillstar Engineering Pty
Sector Manufacturing
Buyer(s) Driconeq Production AB
Deal Type Add-on Acquisition

Target

Drillstar Engineering Pty

Malaga, Australia
Drillstar Engineering is a manufacturer of superior RC drilling equipment.

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Buyer(S) 1

Buyer

Driconeq Production AB

Sunne, Sweden

Category Company
Sector Manufacturing
Employees77
Revenue 198M SEK (2025)
DESCRIPTION

Driconeq is a manufacturer of drilling pipes and equipment for the mining and construction sectors, water wells and geothermal energy. Its products are known for their high quality and sold through distributors, drilling rig manufacturers and business partners worldwide.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2012 M&A 1 of 1