Master Drilling boosts European presence

Specialised drilling solutions provider Master Drilling has become the majority owner of Sweden-based raise-boring specialist Bergteamet

Master Drilling boosts European presence Master Drilling boosts European presence Master Drilling boosts European presence Master Drilling boosts European presence Master Drilling boosts European presence

Master Drilling is hoping to boost its European raise-boring work with the acquisition of another 20% of Bergteamet

It has upped its stake to 60%, from 40%, by acquiring 12,000 shares of the company through an option agreement the two companies signed back in November 2015.