Through the deal, Blackhawk will get Montgomery, Texas-based Allamon's diverter system and ancillary cementing tools technologies.
The newly acquired business line will be operated from Blackhawk’s operations headquarters in Houma, Louisiana and "other select markets" around the world..
"The acquisition of the Allamon surge reduction business reinforces Blackhawk’s leadership position in the deepwater Gulf of Mexico and completes the Blackhawk surge reduction system for tight-tolerance casing running,” said Blackhawk president and chief executive Billy Brown.