Add-on Acquisition • Energy Services and Equipment

Handal Energy Acquires Handrill Sdn Bhd

On October 16, 2009, Handal Energy acquired energy services and equipment company Handrill Sdn Bhd

Acquisition Context

This is Handal Energy’s 1st transaction in the Energy Services and Equipment sector.
This is Handal Energy’s 1st transaction in Malaysia.

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M&A Deal Summary
Date	October 16, 2009
Target	Handrill Sdn Bhd
Sector	Energy Services and Equipment
Buyer(s)	Handal Energy
Deal Type	Add-on Acquisition

Target Company

Handrill Sdn Bhd

Petaling Jaya, Malaysia

Handrill Sdn Bhd is a provider of engineering project support services such as drilling, work over and drilling management.

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Buyer Overview 1

Buyer

Handal Energy

Kuala Lumpur, Malaysia

Category	Company
Sector	Energy Services and Equipment
Employees	451
Revenue	8M MYR (2025)

DESCRIPTION

Handal Energy is an oil and gas company specializing in the manufacturing, maintenance, and servicing of offshore cranes. Handal Energy provides value-added solutions that support the most demanding schedules and specifications. Handal Energy is based in Kuala Lumpur, Malaysia.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Energy Services and Equipment	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Malaysia	1 of 1
Year: 2009	1 of 1

Explore Related M&A Activity

Energy Services and Equipment M&A - Add-on Acquisition M&A Deals - Malaysia M&A - 2009 M&A