Atlas Copco Construction & Mining UK has acquired H & F Drilling Supplies, the largest independent manufacturer and distributor of drilling equipment in the UK.
H&F Drilling Supplies has 20 employees and yearly revenues in 2009 of about £5,1M. It provides complete packages of drilling equipment offering bespoke solutions for a wide range of drilling applications encompassing in-house manufacturing facilities for casing and adaptors.
“With a strong service culture and emphasis on customer relationships H & F Drilling Supplies is a good fit for the Atlas Copco group. The acquisition provides the possibility to enhance our product portfolio and presence in the drilling sector, creating increased sales opportunities across the UK,” said Atlas Copco Construction & Mining UK general manager Kevin Prince.
H & F Drilling Supplies was founded in 1986 in Stirling, Scotland and is currently one of Atlas Copco’s distributors in the UK. The existing owner, John Henderson and managing director, Kevin Mallin have agreed to continue with the company on a consultancy basis.
As of 1 September H& F Drilling Supplies will become a wholly owned subsidiary of Atlas Copco Construction & Mining and will operate within Atlas Copco’s
Construction & Mining Technique business area.
The parties have agreed not to disclose the purchase price.