Companies Will Further Development of HDD Products
Sandvik announced that they have acquired privately-owned Inrock, a supplier of rock drilling tools and services for horizontal directional drilling (HDD) in North America. Headquartered in Houston, Inrock is a manufacturer in pilot hole bits, reamers, guidance systems, accessories and services for the premium maxi rig segment within HDD.
“In line with our strategy, this demonstrates how we gear up for growth organically and through acquisitions in areas where we are stable and profitable, aiming for world-leading market positions. I welcome Inrock to our group,” says Björn Rosengren, CEO and president of Sandvik.