M&A Deal Summary

Weatherford Acquires Hasco Manufacturing

On November 2, 2011, Weatherford acquired manufacturer Hasco Manufacturing

Acquisition Highlights
  • This is Weatherford’s 1st transaction in the Manufacturing sector.
  • This is Weatherford’s 8th transaction in the United States.
  • This is Weatherford’s 1st transaction in Oklahoma.

M&A Deal Summary

Date 2011-11-02
Target Hasco Manufacturing
Sector Manufacturing
Buyer(s) Weatherford
Deal Type Add-on Acquisition

Target

Hasco Manufacturing

Sapulpa, Oklahoma, United States
Hasco Manufacturing Co., Inc. is a manufacturer of oil field equipment.

Search 201,157 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Weatherford

Houston, Texas, United States

Category Company
Founded 1972
Sector Energy Services and Equipment
Employees18,500
Revenue 5.1B USD (2023)
DESCRIPTION
Weatherford office in Houston, Texas.
Weatherford office in Houston, Texas.

Weatherford is a diversified international energy service and manufacturing company that provides a variety of services and equipment to the exploration, production, and transmission sectors of the oil and gas industry. The Company operates in virtually every oil and gas exploration and production region in the world and divides its business into two separate segments: Drilling Services and Production Systems. Weatherford was formed in 1972 and is based in Houston, Texas.


DEAL STATS #
Overall 10 of 14
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 10 of 14
State (Oklahoma) 1 of 1
Country (United States) 8 of 10
Year (2011) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-19 CygNet Software

San Luis Obispo, California, United States

CygNet Software provides enterprise software and industry solutions that collect, manage and distribute essential operations data. Robust, proven and evergreen, CygNet extends customer horizons with improved operational efficiency and increased market responsiveness.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-01 P Chem

Houston, Texas, United States

P Chem, Inc. manufactures and sells petroleum and industrial chemical corrosion inhibitors, H2S scavengers and scale inhibitors.

Buy -