Announced
Synopsis
Summit Drilling, a provider of environmental drilling services, agreed to acquire TPI Environmental, a provider of quality environmental drilling, injection, & geophysical services. Financial terms were not disclosed. “Joining the Summit family of companies is a great opportunity for us and for our customers. We have built a great reputation here and can now offer more value through Summit’s extensive drilling technology and talented field teams. Their drilling technology, such as sonic, enables us to deliver a broader range of capability to customers while creating new career growth opportunities for our people. The future looks very bright,” Frank Fendler, TPI Environmental President.
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