Dril-Quip (DRQ) Acquires Great North
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Dril-Quip, Inc. Announces Acquisition of Great North, Expanding Its Market Presence in Well Construction
July 31, 2023 4:06 PM EDTAcquisition of a leading provider of customized wellheads and mission-critical proprietary completion solutions, adding to Dril-Quip's Well Construction portfolioExpands Dril-Quip's addressable market in land-based wellheadsCost synergies through the combined best-cost regional supply chains of both companiesRevenue expansion as Dril-Quip leverages its footprint to service its clients with Great North's industry-leading productsPositions Dril-Quip to further service the emerging Carbon Capture, Utilization and Storage (CCUS) marketTransaction is expected to be immediately accretive to key financial... More
