Leading controls technology company Proserv and C-Automation, a manufacturing and field services provider specialising in pressure control systems, have announced the sale of Proserv’s worldwide drilling services business, which was formerly known as TIC, to C-Automation Inc. The divested business will now trade as C-Automation Services.
As a part of the sale agreement, Proserv and C-Automation will work in partnership to provide their customers with shared products and services. Proserv will supply its drilling controls products, including its Gilmore branded valves and field-testing equipment, while C-Automation will provide welding, electrical, piping, flushing and tubing services. As a result of the acquisition, C-Automation will more than double its staff of service technicians and significantly broaden the customer base that it serves.
Both parties have agreed to keep the financial terms of the deal undisclosed.
Proserv is a controls technology company providing tailored solutions to clients across the drilling, production, decommissioning and renewables market sectors. The firm has offices in 18 countries across four continents and employs approximately 1,200 people. Proserv is presently operating in more than 60 countries around the world.
C-Automation is a global, full-service provider of API 16D BOP Control Systems and field service offerings for clients in a variety of industries including oil and gas, steel and paper. Specialising in a range of capabilities including instrument tubing, piping, welding, electrical, flushing and testing services. C-Automation provides exceptional customer service and custom solutions to solve its clients’ complex challenges. Headquartered in Houston, Texas, C-Automation has facilities in Saudi Arabia, Brazil, Midland and Odessa.