Atlas Copco has acquired H & F Drilling Supplies, a UK-based provider of drilling solutions, to enhance its capabilities in large diameter drilling and piling applications, thereby strengthening its market position and expanding its service offerings in the drilling sector.
Information on the target
H & F Drilling Supplies is a prominent provider of solutions tailored for contractors and end users in the drilling industry. Established in 1986 in Stirling, Scotland, the company specializes in casing and piling applications, supplying all essential components within the drill string. With a dedicated workforce of 20 employees, H & F Drilling Supplies has demonstrated a strong market presence, achieving revenues of approximately MGBP 5.1 (MSEK 59) in 2009.
As a key distributor for Atlas Copco in the UK, H & F Drilling Supplies is poised to enhance its operational capabilities and expand its market reach through this acquisition. The integration into the Atlas Copco Group will facilitate the development of a competence center focused on large diameter drilling and piling, thereby strengthening the company's position in the industry.
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Industry overview in the target’s specific country
The drilling industry in the UK has experienced steady growth, driven by increasing demand for infrastructure development and resource extraction. The market is characterized by a diverse range of applications, including construction, minin
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Atlas Copco Group
invested in
H & F Drilling Supplies
in 2009
in a Other deal
Disclosed details
Revenue: $7M