USA-based Delta Rigging & Tools, Inc. has completed the acquisition of Tulsa-headquartered Holloway Wire Rope, supplier of wire rope, below-the-hook lifting devices and rigging.
The acquisition marks Delta Rigging’s expansion into the Oklahoma oil and gas fields, along with broadening its reach into the Midwest markets.
“We had been looking for a way to expand our footprint deeper into the Oklahoma oil fields and Midwest markets for some time,” said Mitch Hausman, president of Delta Rigging & Tools. “After a careful review of the Holloway Wire Rope operations, it became clear that taking a well-established business with great customer and vendor relationships was a strong strategic move for us, and the best way to serve our existing and new customers working in the Midwest.”
Holloway Wire Rope is one of the oldest wire rope and rigging companies in the USA, with operations in Tulsa and Wichita. The company supplies wire rope slings, rigging, fall protection, nylon slings, wire rope, chain, and much more.
Curt Tuggle, owner of Holloway Wire Rope, joins the Delta Rigging & Tools management team and will serve as general manager of the Tulsa and Wichita operations.