OCI, LLC acquires industry-leading DRILLTOOLS to expand product suite and technical expertise
Acquiring Company
OCI Holdings
Acquired Company
DRILLTOOLS
South Korea
KilgoreManufacturingManufacturingDescription
OCI, LLC, a manufacturer of custom-built foundation drilling components, has announced the acquisition of DRILLTOOLS, a leading domestic manufacturer of rotary drilling tools and excavation products. This acquisition will allow OCI to expand its product suite, manufacturing capabilities, and technical expertise to better serve its collective customer base.
Quick answer
OCI Holdings is acquiring DRILLTOOLS, announced September 27, 2024. OCI Holdings is based in South Korea.
- How much did OCI Holdings pay for DRILLTOOLS?
- The deal value was not disclosed.
- What does OCI Holdings do?
- OCI Holdings Co. is South Korea's largest polysilicon maker.
- Where are OCI Holdings and DRILLTOOLS based?
- OCI Holdings is based in South Korea. DRILLTOOLS is based in Kilgore, Texas, United States.
- Who are the decision-makers at OCI Holdings?
- Fundz holds 1 contact at OCI Holdings. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at OCI Holdings, and when
When OCI Holdings changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day OCI Holdings raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at OCI Holdings, from your own LinkedIn network
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Frequently asked
Who acquired DRILLTOOLS?
DRILLTOOLS was acquired by OCI Holdings, based in South Korea. The deal was reported on September 27, 2024. OCI Holdings Co. is South Korea's largest polysilicon maker. The company is now aiming to expand its business by acquiring a biopharmaceutical company in the US or investing in a Southeast Asian company. OCI Holdings is privately held and operates in Manufacturing.
When did OCI Holdings acquire DRILLTOOLS?
OCI Holdings's acquisition of DRILLTOOLS was reported on September 27, 2024. OCI, LLC, a manufacturer of custom-built foundation drilling components, has announced the acquisition of DRILLTOOLS, a leading domestic manufacturer of rotary drilling tools and excavation products. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does DRILLTOOLS do?
DRILLTOOLS is the leading domestic manufacturer of quality drilling & excavating products, utilizing the finest materials and high production standards. The company was founded in 2010 and is headquartered in Kilgore, TX. It is privately held, operating in Manufacturing, and is based in Kilgore.
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