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Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Mon., Mar. 18, 11:35 PM

Slide #10. Drilling Tools International Corp. Deep Casing Tools

Acquirer: Drilling Tools International Corp. (NASDAQ:DTI)
Acquiree: Deep Casing Tools
Details: Drilling Tools International Corp. ("DTI" or the "Company") (NASDAQ: DTI), today announced it has closed on the acquisition of UK-based Deep Casing Tools ("DCT"), a global leader in innovative downhole technology solutions. Details of the transaction were not disclosed.

Drilling Tools International Holdings is an oilfield services company that rents a range of downhole drilling tools used in the bottom hole assembly and drill string as part of horizontal and directional drilling for oil and gas wells. Co. operates from several locations in North America, Europe and the Middle East; and maintain a fleet of rental equipment, with tools for use in horizontal and directional drilling, as well as surface control equipment.

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Company Name:  Drilling Tools International Holdings Inc
Sector:  Oil & Gas Equipment & Services
Number of ETFs Holding DTI:  1
Total Market Value Held by ETFs:  $99208
Total Market Capitalization:  $88.00M
% of Market Cap. Held by ETFs:  0.11%
 

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March 18, 2024    11:35 PM Eastern
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