Drilling Tools International ( (DTI) ) has shared an announcement.
Drilling Tools International Corp. has announced a strategic acquisition of UK-based Titan Tools Services Ltd., aiming to expand its global reach in downhole tool services. This move enhances DTI’s presence in the North Sea, Europe, and Africa, offering a broader range of products and services in the oil and gas and geothermal drilling industries. The acquisition, expected to close in early 2025, strengthens DTI’s technological capabilities and market adoption of innovative tools.
Learn more about DTI stock on TipRanks’ Stock Analysis page.
