Drilling Tools International Corp. completes acquisition of Titan Tools Services Ltd., expands global drilling footprint
Acquiring Company
Drilling Tools International Corp
Acquired Company
Titan Tools Services Ltd
Houston
AberdeenManufacturingEnergyOil And GasOil And GasReal EstateDescription
Drilling Tools International Corp. (DTI) has successfully completed the acquisition of Titan Tools Services Ltd., a UK-based downhole tool rental company, marking a significant milestone in DTI's global growth strategy. This acquisition enhances DTI's product offerings, strengthens its presence in the North Sea, European, and African markets, and expands its international footprint, particularly in the UK North Sea, Europe, and Africa.
Quick answer
Drilling Tools International Corp is acquiring Titan Tools Services Ltd, announced January 2, 2025. Drilling Tools International Corp is based in Houston, Texas, United States.
- How much did Drilling Tools International Corp pay for Titan Tools Services Ltd?
- The deal value was not disclosed.
- What does Drilling Tools International Corp do?
- Drilling Tools International Corp. (DTI) is a leading oilfield services company based in Houston, Texas, with a history dating back to 1984.
- Where are Drilling Tools International Corp and Titan Tools Services Ltd based?
- Drilling Tools International Corp is based in Houston, Texas, United States. Titan Tools Services Ltd is based in Aberdeen, Scotland, United Kingdom.
- Who are the decision-makers at Drilling Tools International Corp?
- Fundz holds 1 contact at Drilling Tools International Corp. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Drilling Tools International Corp, and when
When Drilling Tools International Corp changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Titan Tools Services Ltd?
Titan Tools Services Ltd was acquired by Drilling Tools International Corp, based in Houston. The deal was reported on January 2, 2025. Drilling Tools International Corp. (DTI) is a leading oilfield services company based in Houston, Texas, with a history dating back to 1984. Drilling Tools International Corp is publicly traded (DTI) and operates in Manufacturing.
When did Drilling Tools International Corp acquire Titan Tools Services Ltd?
Drilling Tools International Corp's acquisition of Titan Tools Services Ltd was reported on January 2, 2025. Drilling Tools International Corp. (DTI) has successfully completed the acquisition of Titan Tools Services Ltd., a UK-based downhole tool rental company, marking a significant milestone in DTI's global growth strategy. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Titan Tools Services Ltd do?
Titan Tools Services Ltd. is a UK-based downhole tool rental company that has a strong presence in the UK North Sea, Europe, and Africa, serving the oil and gas and geothermal drilling industries. It is privately held, operating in Oil And Gas, and is based in Aberdeen.
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