Schramm Buys Air Drill, Expands Drilling Equipment Portfolio
Schramm, together with GenNx360 Capital Partners, has acquired Air Drill Hammers and Bits Pty Ltd., a manufacturer of drilling equipment like hammers and percussion bits for mineral exploration and mining.
“The combination of Schramm and Air Drill brings together a long-standing partnership which has delivered innovation, service and the highest quality products to our customers in the mining exploration and oil & gas drilling industries,” said Edward Breiner, Schramm’s president and CEO. “We look forward to continuing to raise our performance together and deliver outstanding products and services on a global scale.”