M&A Deal Summary

Greene s Energy Acquires Associated Rental Tools Company Pte.

On May 7, 2012, Greene s Energy acquired energy services and equipment company Associated Rental Tools Company Pte.

Acquisition Highlights
  • This is Greene s Energy’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Greene s Energy’s 1st transaction in Singapore.

M&A Deal Summary

Date 2012-05-07
Target Associated Rental Tools Company Pte.
Sector Energy Services and Equipment
Buyer(s) Greene s Energy
Deal Type Add-on Acquisition

Target

Associated Rental Tools Company Pte.

Singapore, Singapore
Artco's range of services includes rental, sales, service, repair and load testing of oilfield related equipment. Artco's array of products and services feature air and manual operated slip type elevators, spider slips, safety clamps, manual and hydraulic power tongs; fishing and drilling tools, cementing pumps, tubular equipment, rig parts and compressor construction and repair.

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Buyer(S) 1

Buyer

Greene s Energy

Houston, Texas, United States

Category Company
Founded 1953
Sector Oil/Gas Exploration
DESCRIPTION

Greene's Energy is an oilfield services company focused on the completion and production markets in South Texas, West Texas, and New Mexico and also has certain divisions in Louisiana. The company provides well testing, flow back, and frac support services including wellhead protection. Greene's Energy was founded in 1953 and is based in Houston, Texas.


DEAL STATS #
Overall 3 of 3
Sector: Energy Services and Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Singapore M&A 1 of 1
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-01 Guardian Wellhead Protection

Odessa, Texas, United States

Guardian is a provider of flowback, hydraulic chokes and well testing equipment, frac headers, frac manifolds, associated frac piping and wellhead valves, on-site man lifts, tubing, tubing BOPs, light plants, and 10 locations throughout West Texas, South Texas, New Mexico and Oklahoma. Guardian locations currently service customers in the Permian, Avalon, Woodford, Granite Wash, Barnett, Haynesville, Eagle Ford and other South Texas basins.

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