Prime Horizontal leadership completes buyout of HDD guidance specialist
(UI) - Prime Horizontal has completed a management buyout, with senior leaders assuming ownership of the global horizontal directional drilling (HDD) guidance services provider.
The transaction places longtime company leaders in key ownership roles, positioning the firm to expand its international operations across utility and pipeline drilling projects. Prime Horizontal provides HDD guidance services along with sales and rental of downhole tools, supporting trenchless infrastructure projects worldwide.
Company leadership said the buyout marks both continuity and a strategic step forward. “This management buyout is both a continuation and evolution,” said CEO Simon Kench, noting the company’s focus on maintaining high-quality service while strengthening global client relationships.
New leadership also emphasized growth and operational expansion as priorities. “This positions us to expand our international presence and ensure long-term stability,” said CFO Nico Dekker.
The company will continue to focus on scaling its global footprint and enhancing service delivery across key infrastructure markets.
Related News
From Archive
- Oil pipeline struck during fiber optic construction spills into L.A. storm drains
- Fiber drilling strike triggers major sewer failure, lawsuits in Florida
- Utility strike at center of Dallas explosion investigation
- $1 billion Ohio River Tunnel project awarded in Pittsburgh
- Las Vegas advances multibillion-dollar water pipeline expansion
- Final Lake Erie sewer tunnel project set to begin after decades-long $3 billion effort
- Inside Infrastructure: Utility locators warn of systemic failures in damage prevention process
- Senate passes PIPELINE Safety Act aimed at strengthening buried utility protection
- $104 million Lynchburg, Va., tunnel nears breakthrough beneath Blackwater Creek
Comments