IDM’s acquisition of the assets and business of Southwestis expected to allow IDM to further expand its growing suite of products and services. The combination of IDM’s and Southwest’s North American and global manufacturing facilities and offices will also prove crucial to serving IDM’s and Southwest’s current and future customers worldwide.
Byron Dunn, CEO of IDM Group, said: Southwest has a premier position in the energy industry and, with the vision and leadership of the Leman family, has built a stellar reputation for delivering quality products to onshore and offshore drilling customers. Adding an exceptional line of expendable products such as Southwest’s to IDM’s rig building business was a key initial part of our growth strategy.
