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Recently Funded|Amount: USD 500.0K|Industry: Oil and Gas

Breaking News: Hollimans Group Invests $500,000 in Privately Owned Australasian Specialist Manufacturer, Obadare

Hollimans Group

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11-50 employees employees (Est.)
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Hollimans Group is thrilled to announce that it has successfully raised $500,000 in funding to fuel the growth of its subsidiary, Obadare. As a privately owned Australasian specialist in manufacturing, machining, and maintenance, Obadare has established itself as a crucial provider of drilling and completions services, alongside oilfield engineering, general engineering, transport, and comprehensive inspection solutions tailored for the oilfield and infrastructure sectors. This recent infusion of capital will be pivotal in enhancing the company’s operational capabilities, expanding its service offerings, and advancing innovative solutions that meet the evolving needs of clients in a rapidly changing energy landscape. The funding will support strategic investments in cutting-edge equipment and technology to improve efficiency and precision in machining processes. Moreover, it will allow Obadare to broaden its reach in the Australasian market and explore new opportunities globally, thereby strengthening its competitive edge. By bolstering its capacity to deliver high-quality, reliable services, Obadare aims to cement its reputation as an industry leader. As the demand for sustainable and efficient oilfield services continues to rise, this funding represents a significant step forward in ensuring that Obadare is well-positioned to meet these challenges head-on. With this funding boost, Hollimans Group and Obadare are excited to embark on this next chapter of growth and innovation, ultimately benefiting their customers and stakeholders alike.
September 30, 2024

Buying Signals & Intent

Our AI suggests Hollimans Group may be interested in solutions related to:

  • Machinery
  • Engineering Services
  • Transport Solutions
  • Inspection Equipment
  • Oilfield Technology

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