Currently viewing Global edition

Ausdrill exits bit making

Contractor sells business to Finnish company

Ausdrill exits bit making Ausdrill exits bit making Ausdrill exits bit making Ausdrill exits bit making Ausdrill exits bit making

The business (which is called Drilling Tools Australia, or DTA), has been generating revenue of about $35 million, and will generate Ausdrill a profit after tax in the order of $35 million.

loader