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  5. The Geotech Group Acquires Ancon Drilling Pty.

M&A Deal Summary

The Geotech Group Acquires Ancon Drilling Pty.

On April 1, 2012, The Geotech Group acquired construction company Ancon Drilling Pty.

Acquisition Highlights
  • This is The Geotech Group’s 1st transaction in the Construction sector.
  • This is The Geotech Group’s 1st transaction in Australia.

M&A Deal Summary
Date 2012-04-01
Target Ancon Drilling Pty.
Sector Construction
Buyer(s) The Geotech Group
Deal Type Add-on Acquisition
Advisor(s) Canterbury Partners (Financial)

Target

Ancon Drilling Pty.

Korumburra, Australia
Ancon Drilling Pty. Ltd. provides vertical drilling services, such as coal seam gas drilling, coring, and workover services.

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Buyer(S) 1

Buyer

The Geotech Group

Port Melbourne, Australia
Category Company
Sector Construction
DESCRIPTION

Geotech Drilling provides a range of specialist drilling services including Surface to In-Seam (SIS), Horizontal Directional Drilling (HDD) and Vertical Drilling.

DEAL STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2012 M&A 1 of 1
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