Austria-based contractor Porr has announced that it has acquired well and exploratory drilling specialist Reisinger Gesellschaft for an undisclosed sum.
According to Porr, the buyout will enhance its environmental engineering capabilities.
“Reisinger has decades of experience with state-of-the-art drilling methods and is one of the best-performing providers in Austria,” said Porr Umwelttechnik managing director Kurt. “This takeover enables us to increase Porr Umwelttechnik’s performance capability yet again, especially in well drilling and exploratory drilling. This acquisition has enabled us to secure a powerful expansion of our range of geothermal services while simultaneously enhancing our commitment to renewable energy.”