Add-on Acquisition • Construction

The Geotech Group Acquires Ancon Drilling Pty.

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

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

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M&A Deal Summary

Date April 1, 2012
Target Ancon Drilling Pty.
Sector Construction
Buyer(s) The Geotech Group
Deal Type Add-on Acquisition
Advisor(s) Canterbury Partners (Financial)

Target Company

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 Overview 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 Context for Buyer #
Overall 1 of 1
Sector: Construction 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Australia 1 of 1
Year: 2012 1 of 1