Varel Rock Bits Canada Overview

  • Founded
  • 1980
Founded
  • Status
  • Acquired/​Merged
  • Latest Deal Type
  • Buyout/​LBO
  • Financing Rounds
  • 1

Varel Rock Bits Canada General Information

Description

Wholesaler and retailer of drill bits for the oil and gas mining industry. The company offers tungsten carbide insert bits and tooth bits, roller cone bits, steel tooth bits, polycrystalline diamond compact bits and work-over bits for vertical and directional drilling applications in various formations.

Contact Information

Formerly Known As
Pendemak Industries
Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Industrial Supplies and Parts
Other Industries
Oil and Gas Equipment
Other Equipment
Primary Office
  • 9926–29 Avenue
  • Edmonton, Alberta T6N 1A2
  • Canada
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Varel Rock Bits Canada Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Varel Rock Bits Canada Executive Team (1)

Name Title Board Seat Contact Info
Rod MacKenzie Vice President, Sales & Marketing
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