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Schoeller-Bleckmann Acquired Dubai Based Special Tools Provider

Published: October 5, 2010; 15:17 · (Vindobona)

Schoeller-Bleckmann Oilfield Equipment AG (SBO), listed on the ATX market of the Vienna Stock Exchange, has successfully completed acquisition of Drilling Systems International Ltd. (DSI).

Schoeller-Bleckmann Acquired Dubai Based Special Tools Provider / Picture: © Schoeller-Bleckmann Oilfield Equipment

Final purchase agreements were concluded. Dubai based DSI is a leading global provider of special tools used in downhole circulation technology for oil and gas wells.

The company recently generated annual sales of approx. USD 30 Mio.

The purchase price was not disclosed.

Schoeller-Bleckmann Oilfield Equipment is the global market leader in high-precision components…

This article includes a total of 243 words.

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