Add-on Acquisition • Manufacturing

Schramm Acquires Air Drill Pty

On November 25, 2013, Schramm acquired manufacturer Air Drill Pty

Acquisition Context

This is Schramm’s 1st transaction in the Manufacturing sector.
This is Schramm’s 1st transaction in the United States.
This is Schramm’s 1st transaction in Washington.

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M&A Deal Summary
Date	November 25, 2013
Target	Air Drill Pty
Sector	Manufacturing
Buyer(s)	Schramm
Deal Type	Add-on Acquisition

Target Company

Air Drill Pty

Welshpool, Washington, United States

Air Drill Pty Ltd. is a manufacturer of drill hammers and percussion bits used in reverse circulation mineral exploration and mining applications.

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Buyer Overview 1

Buyer

Schramm

West Chester, Pennsylvania, United States

Category	Company
Founded	1900
Sector	Energy Services and Equipment

DESCRIPTION

Schramm is a manufacturer and global supplier of mobile, top-head hydraulic rotary drilling rigs focusing on land based applications. Schramm is a supplier to companies in the energy, mining, geothermal, water well and mine rescue sectors worldwide. Schramm's global reach includes major market positions in China, Chile, Canada, Australia, Russia and South Africa. Schramm was founded in 1900 and is based in West Chester, Pennsylvania.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Manufacturing	1 of 1
Type: Add-on Acquisition	1 of 1
State: Washington	1 of 1
Country: United States	1 of 1
Year: 2013	1 of 1

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