M&A Deal Summary

Schramm Acquires Air Drill Pty

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

Acquisition Highlights
  • 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.

M&A Deal Summary

Date 2013-11-25
Target Air Drill Pty
Sector Manufacturing
Buyer(s) Schramm
Deal Type Add-on Acquisition

Target

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.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 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 STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1