Drillmec Overview

  • Year Founded
  • 1998

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 358

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 1

  • Investments
  • 2

Drillmec General Information

Description

Manufacturer of drilling and workover rigs catering to the oil and gas industry. The company offers land-based drilling rigs in the hook load range of 60 to 907 metric tons long with offshore equipment for platforms, jack-ups, barges, semisubmersibles and drillships among others, providing oil and gas companies with the equipment needed for conducting operations.

Contact Information

Website
www.drillmec.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 12, Via 1 Maggio
  • 29027 Podenzano(Piacenza)
  • Italy
+39 0523
Primary Industry
Oil and Gas Equipment
Parent Company
Megha Engineering & Infrastructures
Vertical(s)
Manufacturing, Oil & Gas
Corporate Office
  • 12, Via 1 Maggio
  • 29027 Podenzano(Piacenza)
  • Italy
+39 0523

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Drillmec Valuation & Funding

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

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Drillmec Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of drilling and workover rigs catering to the oil and gas industry. The company offers land-based drilling
Oil and Gas Equipment
Podenzano, Italy
358 As of 2022

Hamilton, Bermuda
 

Arlington, TX
 
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Drillmec Competitors (3)

One of Drillmec’s 3 competitors is Nabors Industries, a Corporation company based in Hamilton, Bermuda.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Nabors Industries Corporation Hamilton, Bermuda
Oil States Industries Formerly PE-Backed Arlington, TX
Superior Energy Services Corporation Houston, TX
You’re viewing 3 of 3 competitors. Get the full list »

Drillmec Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Drillmec Investments (2)

Drillmec’s most recent deal was a Joint Venture with Drillmec India. The deal was made on 14-Oct-2011.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Drillmec India 14-Oct-2011 Joint Venture Oil and Gas Equipment
Seismotekhnika 01-Jan-2011 Secondary Transaction - Private Oil and Gas Equipment
To view Drillmec’s complete investments history, request access »

Drillmec FAQs

  • When was Drillmec founded?

    Drillmec was founded in 1998.

  • Where is Drillmec headquartered?

    Drillmec is headquartered in Podenzano, Italy.

  • What is the size of Drillmec?

    Drillmec has 358 total employees.

  • What industry is Drillmec in?

    Drillmec’s primary industry is Oil and Gas Equipment.

  • Is Drillmec a private or public company?

    Drillmec is a Private company.

  • What is Drillmec’s current revenue?

    The current revenue for Drillmec is .

  • Who are Drillmec’s competitors?

    Nabors Industries, Oil States Industries, and Superior Energy Services are competitors of Drillmec.

  • When was Drillmec acquired?

    Drillmec was acquired on 01-Jan-2019.

  • Who acquired Drillmec?

    Drillmec was acquired by Megha Engineering & Infrastructures.

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