Imdex last month acquired a 75 per cent stake in Kazakhstan-based Suay Energy Services for around $480,000, and finalised its acquisition of Swedish borehole survey systems supplier Flexit AB the month before.

The company said in an announcement that Poly-Drill would be complimentary to its existing Drilling Products and Services business, and would facilitate Imdex"s global expansion plans.

PIN/wabusinessnews.com.au