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Drilling Tools International Corp. in its Acquisition of European Drilling Projects

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Insight

Drilling Tools International Corp. in its Acquisition of European Drilling Projects

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1 Min Read

October 3, 2024

Winston & Strawn represented Houston-based Drilling Tools International Corp. (NASDAQ: DTI) (DTI), a global oilfield services company that designs, engineers, manufactures, and provides a differentiated, rental-focused offering of tools for use in onshore and offshore drilling operations, as well as other cutting-edge solutions across the well life cycle, in its acquisition of Amsterdam-based European Drilling Projects (EDP), a global provider of next-generation stabilizers, specialty reamers, and wellbore optimization technology for the drilling industry. The integration of EDP's expertise aligns seamlessly with DTI's international growth strategy and commitment to technological differentiation. The acquisition of EDP not only enhances DTI's competitive edge but also reinforces its position as a leader in providing innovative drilling solutions to the global oil and gas industry.

 

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