# TWMA acquires Dynamic Oilfield Services for £10m

TWMA, a provider of drilling waste management services, acquired US-based Dynamic Oilfield Services for more than £10 million. The acquisition aims to expand TWMA's presence in the US land drilling market.

- Type: Acquisition
- Announced: 2018-06-21
- Where: United States
- Value: $13.3M (10.0M GBP)
- Status: completed
- Products: drilling waste management services, solids control equipment, surface equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [TWMA](https://endata.com/companies/32693.md) (acquirer)
- [Dynamic Oilfield Services](https://endata.com/companies/32694.md) (target)

## Sources

- [pressandjournal.co.uk](https://www.pressandjournal.co.uk/fp/business/local/1503099/twma-pays-10m-in-dynamic-purchase/), 2018-06-21: "Dynamic’s strong presence within the US land market, added to the robust relationships it has developed with some of the USA’s most active operators, makes this a highly logical acquisition for TWMA"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.