Delta Rigging & Tools Acquires Kelly Wire Rope

Nov. 14, 2008
Delta Rigging & Tools, a leading provider of wire rope, rigging and lifting equipment, today announced the acquisition of Kelly Wire Rope. The acquisition of Kelly establishes Delta Rigging as the dominant provider of wire rope and rigging throughout Texas. The acquisition is the sixth in the last three years by Delta Rigging.

Delta Rigging & Tools, a leading provider of wire rope, rigging and lifting equipment, today announced the acquisition of Kelly Wire Rope. The acquisition of Kelly establishes Delta Rigging as the dominant provider of wire rope and rigging throughout Texas. The acquisition is the sixth in the last three years by Delta Rigging.

Kelly Wire Rope is based in Pasadena, Texas, with additional locations in Odessa and Fort Worth. Kelly specializes in the fabrication and distribution of wire rope, wire rope slings up to 3½ inches in diameter, synthetic slings, rigging hardware and chain. Kelly also has testing and certification capabilities for various types of rigging and lifting products. Kelly is the leading rigging operation in southeast Texas focused primarily on the land-based oil and gas drilling industry. Kelly employs 35 full-time employees and all are expected to remain with the company.

“Kelly will allow Delta Rigging to expand its presence in Texas and more efficiently cover the land-based oil and gas market,” said Kevin Rodgers, CEO of Delta Rigging. “We are very confident that Ted Sullivan, the founder of Kelly Wire Rope, and his highly trained group of employees will make a significant contribution to our growth plans.”

“Delta Rigging is very highly regarded in the wire rope and rigging industry and we are excited to be their partner in becoming the one-stop resource for large industrial users of rigging and lifting solutions,” said Sullivan, founder and CEO of Kelly Wire Rope.

Delta Rigging has successfully executed a strategy of acquiring and integrating regional market leaders to create a scalable, industry-leading platform. Delta Rigging is well positioned to pursue further growth initiatives through strategic acquisitions, geographic expansion, existing and new customer relationships, and additional product and service offerings.

Delta Rigging & Tools, headquartered in Lake Jackson, Texas, is the largest, one-stop provider of lifting products and services within the large and fragmented domestic lifting equipment and rigging industry. Delta Rigging offers a complete portfolio of lifting solutions, including hoists, winches, wire rope, synthetic slings, accessory parts, and hardware as well as testing, inspection, and field services. Delta Rigging serves a national footprint of customers and end markets with particular strength in various energy applications throughout the Gulf Coast of Texas and Louisiana.