M&A Deal Summary |
|
|---|---|
| Date | 2013-04-01 |
| Target | Smith International - Drilling Jar Product Line |
| Sector | Distribution |
| Buyer(s) | Logan International |
| Sellers(s) | Smith International |
| Deal Type | Divestiture |
| Deal Value | 17M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1993 |
| Sector | Energy Services and Equipment |
Logan International is a manufacturer and seller of fishing and intervention tools. Logan's quality fishing and intervention tools, including retrieving, stroking, and remedial tools, and power swivels are used in well work-over, intervention, drilling, and completion activities across the globe. Logan International is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Distribution M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2013 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-03-05 |
Xtend Energy Services
Okotoks, Alberta, Canada Xtend Energy Services is a private energy services company that focuses on developing tools which mitigate the effects of friction in deviated and horizontal well bores. |
Buy | $53M |
| Category | Company |
|---|---|
| Founded | 1936 |
| Sector | Energy Services and Equipment |
Smith International was a US-based oilfield services company specializing in the design, manufacture, and supply of drill bits and other downhole tools for the oil and gas industry. Known for its flagship brand, Smith Bits, the company provided advanced drilling technologies and solutions aimed at improving drilling efficiency and reducing operational costs. Smith International was formed in 1936 and based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Distribution M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2013 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-06-03 |
W-H Energy Services
Houston, Texas, United States W-H Energy Services, Inc. is an oilfield service company, together with its subsidiaries, provides products and services for the drilling and completion of oil and natural gas wells, and the production of oil and natural gas in North America and international areas. The company operates through two segments, Drilling Related Products and Services, and Completion and Work over Related Products and Services. |
Buy | $3.2B |
