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  6. IDM Group Acquires Southwest Oilfield Products

M&A Deal Summary

IDM Group Acquires Southwest Oilfield Products

On June 4, 2008, IDM Group acquired oil/gas exploration company Southwest Oilfield Products

Acquisition Highlights
  • This is IDM Group’s 1st transaction in the Oil/Gas Exploration sector.
  • This is IDM Group’s 1st transaction in the United States.
  • This is IDM Group’s 1st transaction in Texas.

M&A Deal Summary
Date 2008-06-04
Target Southwest Oilfield Products
Sector Oil/Gas Exploration
Buyer(s) IDM Group
Deal Type Add-on Acquisition

Target

Southwest Oilfield Products

Houston, Texas, United States
Headquartered in Houston, Southwest Oilfield Products, Inc. (formerly GES), is a premier oil and gas equipment manufacturer providing innovative well service equipments and frac & mud pumping solutions to the world's leading oil & gas exploration and production companies. With over 60 years of pump experience, Southwest aims at providing best in class products and services to the global energy industry.

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Buyer(S) 1

Buyer

IDM Group

Houston, United States
Category Company
Sector Manufacturing
DESCRIPTION

IDM Group, Ltd., a Houston-based manufacturer of integrated drilling rigs and drillingrig systems.

DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2008 M&A 1 of 1
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