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Drilling Tools International Corporation Completes Acquisition of Saltire Energy Limited

PUBLIC · DTIOct 08, 2026

Acquiring Company

Drilling Tools International Corp

Acquired Company

Saltire Energy Limited

HoustonScotlandManufacturingEnergyOil And GasEnergyOil And GasRenewable EnergyBiomass Energy

Description

On October 8, 2026, Drilling Tools International Corporation entered into a Share Purchase Agreement to acquire Saltire Energy Limited. This acquisition will enhance Drilling Tools' capabilities and service offerings in the energy sector. The agreement represents a strategic move to strengthen their market presence and operational efficiency.

Quick answer

Drilling Tools International Corp is acquiring Saltire Energy Limited, announced October 8, 2026. Drilling Tools International Corp is based in Houston, Texas, United States.

How much did Drilling Tools International Corp pay for Saltire Energy Limited?
The deal value was not disclosed.
What does Drilling Tools International Corp do?
Drilling Tools International Corp. (DTI) is a leading oilfield services company based in Houston, Texas, with a history dating back to 1984.
Where are Drilling Tools International Corp and Saltire Energy Limited based?
Drilling Tools International Corp is based in Houston, Texas, United States. Saltire Energy Limited is based in Scotland, United Kingdom.
Who are the decision-makers at Drilling Tools International Corp?
Fundz holds 1 contact at Drilling Tools International Corp. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Drilling Tools International Corp

Location

10370 Richmond Avenue

Houston, Texas, United States

About

Drilling Tools International Corp. (DTI) is a leading oilfield services company based in Houston, Texas, with a history dating back to 1984. It specializes in manufacturing and renting downhole drilling tools for horizontal and directional drilling of oil and natural gas wells. With 16 locations across North America and 4 international stocking points across Europe and the Middle East, DTI is focused on driving production efficiencies for the oil and gas industry.

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Frequently asked

Who acquired Saltire Energy Limited?

Saltire Energy Limited was acquired by Drilling Tools International Corp, based in Houston. The deal was reported on October 8, 2026. Drilling Tools International Corp. (DTI) is a leading oilfield services company based in Houston, Texas, with a history dating back to 1984. Drilling Tools International Corp is publicly traded (DTI) and operates in Manufacturing.

When did Drilling Tools International Corp acquire Saltire Energy Limited?

Drilling Tools International Corp's acquisition of Saltire Energy Limited was reported on October 8, 2026. On October 8, 2026, Drilling Tools International Corporation entered into a Share Purchase Agreement to acquire Saltire Energy Limited. This acquisition will enhance Drilling Tools' capabilities and service offerings in the energy sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Saltire Energy Limited do?

Saltire Energy Limited is a private limited company incorporated in Scotland. The company provides advanced engineering services and solutions primarily to the energy sector. It is privately held, operating in Energy, and is based in Scotland.

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