17.06.2011

Delta Rigging takes Grizzly

Delta Rigging & Tools of Pearland, Texas has acquired Grizzly Wire Rope & Chain of Williston, North Dakota.

Delta Rigging is one of the largest suppliers of lifting and rigging products and related services in the United States, while Grizzly has a strong position in the oil & gas industry, supplying a wide variety of wire ropes and chain products.
It is located in the centre of the Bakken oil shale region. It is one of three ‘divisions’ of Industrial Equipment Sales & Services which also includes Badlands Steel.

Delta’s chief executive Kevin Rodgers said: “We had been looking for a way to expand into the Bakken Shale area for some time. After a careful review of the Grizzly Wire Rope & Chain operations, it became clear that taking a well-established and growing operation like Grizzly and making it a part of Delta Rigging & Tools was the best strategic move for us, and the best way to serve our existing and new customers working in the Bakken.”

“The management team at Grizzly has done a great job building their business with a customer focus that is right in line with ours — consistently delivering safety, service, quality, and value. So the company fits very well into our strategic vision, our view of customer service, and our focus on growth. We believe Grizzly’s existing customer base will continue to benefit from market-leading products, service and support with Grizzly now a key part of Delta’s operations.”