Wednesday 17 April 2024

NTS Amega Global acquires assets, techniques of Cobore

HOUSTON, February 20, 2024

NTS Amega Global, a global leader in providing repair, rental, and manufacturing solutions for energy market, has acquired the assets and techniques of Cobore, a renowned leader in precision hole making processes ans capabilities.
This acquisition is a strategic move aimed at enhancing NTS Amega Global’s capabilities and expertise. By integrating Cobore’s advanced machinery and unique precision drilling techniques into its global operations, NTS Amega Global is set to offer more specialized and comprehensive machining services to its clients around the globe under the existing NTS Amega Global roofline.
“This acquisition represents a pivotal moment in our growth strategy and a rare opportunity to add meaningful machining capabilities that would otherwise require a multiyear research and development strategy,” said Paul McMillan, NTS Amega Global CEO.  “We are thrilled about the prospect of welcoming Cobore’s skilled technical staff and machinists into the NTS Amega Global family.  Their expertise and experience are invaluable to providing precision drilling capabilities an immediate addition to our offering allowing our facilities to support turnkey machining of our clients’ most challenging part families.”
 “Our global team of experts is armed with knowledge that comes from owning thousands of downhole assets, machining millions of hours with premium alloy grades, and executing thousands of complex tool repairs,” said Harris Hurst, Vice President – Western Hemisphere, NTS Amega Global. ” This acquisition reinforces our mission of being the industry’s most comprehensive provider of mechanical solutions.”
 “We thank our clients and partners for their continued support and trust in NTS Amega Global,” concluded Paul McMillan, CEO, NTS Amega Global. --OGN/TradeArabia News Service


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