# Rival Downhole Tools acquires Hunting Energy Services drilling assets

Rival Downhole Tools has acquired the operating assets of Hunting Energy Services (Drilling Tools), Inc., with Hunting PLC taking a minority equity interest in Rival. The deal increases Rival's US footprint and supports international expansion.

- Type: Acquisition
- Announced: 2020-12-16
- Where: United States
- Status: completed
- Products: downhole tools
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Rival Downhole Tools](https://endata.com/companies/51928.md) (acquirer)
- [Hunting Energy Services (Drilling Tools)](https://endata.com/companies/51929.md) (target)
- [Hunting PLC](https://endata.com/companies/51930.md) (investor)

## Sources

- [rigzone.com](https://www.rigzone.com/news/downhole_drilling_player_expands_us_footprint-16-dec-2020-164116-article/), 2020-12-16: "This transaction marks a milestone in our mission to build a market leadership position and provide a complete offering in downhole tools."

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