M&A Deal Summary

OCI Acquires Drilltools

On September 27, 2024, OCI acquired manufacturer Drilltools

Acquisition Highlights
  • This is OCI’s 1st transaction in the Manufacturing sector.
  • This is OCI’s 1st transaction in the United States.
  • This is OCI’s 1st transaction in Texas.

M&A Deal Summary
Date 2024-09-27
Target Drilltools
Sector Manufacturing
Buyer(s) OCI
Deal Type Add-on Acquisition

Target

Drilltools

Kilgore, Texas, United States
Drilltools is a domestic manufacturer of quality drilling & excavating products, utilizing the finest materials and high production standards. Drilltools was founded in 2010 and is based in Kilgore, Texas.

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Buyer(S) 1

Buyer

OCI

Brookville, Pennsylvania, United States
Category Company
Founded 1998
Sector Manufacturing
DESCRIPTION

OCI manufactures a wide range of products for geotechnical service companies and foundational drilling contractors including micropile casing, drill string, hammers and bits, augurs, core barrels, swivels, and other customized products. OCI was founded in 1998 and is based in Brookville, Pennsylvania.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
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