Gordon Technologies LLC completes acquisition of Vertex Downhole Trading LLC, Expanding MWD Global Reach
Acquiring Company
Gordon Technologies
Acquired Company
Vertex Downhole Trading
Australia
DubaiDescription
Gordon Technologies LLC, headquartered in Scott, Louisiana, has strategically acquired Vertex Downhole Trading LLC, the Dubai-based subsidiary of Vertex Downhole Technologies Inc, based in Calgary, Canada. This acquisition will accelerate Gordon's global expansion and offerings in the Measurement While Drilling (MWD) market, and also grant intellectual property rights for Winc, Winc+, and Mudlink technologies.
Quick answer
Gordon Technologies is acquiring Vertex Downhole Trading, announced October 31, 2024. Gordon Technologies is based in Australia.
- How much did Gordon Technologies pay for Vertex Downhole Trading?
- The deal value was not disclosed.
- Where are Gordon Technologies and Vertex Downhole Trading based?
- Gordon Technologies is based in Australia. Vertex Downhole Trading is based in Dubai, Dubai, United Arab Emirates.
Source: Fundz verified event record.
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Frequently asked
Who acquired Vertex Downhole Trading?
Vertex Downhole Trading was acquired by Gordon Technologies, based in Australia. The deal was reported on October 31, 2024. Gordon Technologies is privately held.
When did Gordon Technologies acquire Vertex Downhole Trading?
Gordon Technologies's acquisition of Vertex Downhole Trading was reported on October 31, 2024. Gordon Technologies LLC, headquartered in Scott, Louisiana, has strategically acquired Vertex Downhole Trading LLC, the Dubai-based subsidiary of Vertex Downhole Technologies Inc, based in Calgary, Canada. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Vertex Downhole Trading do?
Vertex Downhole Trading LLC is the Eastern Hemisphere business of Vertex Downhole Technologies Inc, based in Calgary, Canada. It serves as the reseller of Vertex Canada products in the Eastern Hemisphere. It is privately held, and is based in Dubai.
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