Dril-Quip completes TIW acquisition
HOUSTON -- Dril-Quip has completed its acquisition of TIW Corporation. TIW, based in Houston, is a global provider of liner hanger systems and related equipment and services.
Blake DeBerry, president and CEO of Dril-Quip, said, "We are excited to complete the acquisition of TIW Corporation, the first in Dril-Quip's history, and welcome TIW employees to the Dril-Quip team. In addition to expanding our offshore and onshore market opportunities, this transaction allows us to significantly expand our product offerings to our customers."
