Drilling Tools International Corp. Completes Acquisition of UK-Based Titan Tools Services Ltd.
Drilling Tools International Corporation (DTI)
Company Research
Source: PR Newswire
Completed acquisition bolsters DTI's technological capabilities and service offerings, creating a comprehensive solution provider for the global drilling industryHOUSTON, Jan. 2, 2025 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), 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, today announced the successful completion of its previously announced acquisition of Titan Tools Services Ltd. ("Titan"), a UK-based downhole tool rental company. The transaction, which was finalized on January 2, 2025, marks a significant milestone in DTI's global growth strategy.As previously reported on October 31, 2024, this acquisition enhances DTI's product offerings and strengthens its presence in the North Sea, European, and African markets. Titan, esta
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DTI
Earnings
- 11/6/25 - Beat
DTI
Sec Filings
- 12/18/25 - Form 8-K
- 12/17/25 - Form 4
- 12/17/25 - Form 4
- DTI's page on the SEC website