Add-on Acquisition • Manufacturing

Driconeq Production AB Acquires Drillstar Engineering Pty

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

Acquisition Context

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

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M&A Deal Summary
Date	October 16, 2012
Target	Drillstar Engineering Pty
Sector	Manufacturing
Buyer(s)	Driconeq Production AB
Deal Type	Add-on Acquisition

Target Company

Drillstar Engineering Pty

Malaga, Australia

Drillstar Engineering is a manufacturer of superior RC drilling equipment.

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Buyer Overview 1

Buyer

Driconeq Production AB

Sunne, Sweden

Category	Company
Sector	Manufacturing
Employees	77
Revenue	198M SEK (2026)

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 Context for Buyer	#
Overall	1 of 1
Sector: Manufacturing	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Australia	1 of 1
Year: 2012	1 of 1

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