- Business
- SBO AG, formerly Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft, manufactures high-precision components and advanced equipment primarily for the energy sector and other demanding industries worldwide; the company operates through two main divisions, Precision Technology and Energy Equipment, headquartered in Ternitz, Austria, with over 20 global locations and approximately 1,500 employees. In Precision Technology, SBO produces custom high-alloy non-magnetic steel components, including steel bars, precision-machined parts for sensors, antennas, and generators such as MWD/LWD collars, utilizing subtractive manufacturing and advanced additive manufacturing techniques like 3D metal printing certified for space, aerospace, semiconductors, and extreme environments; it also offers repair and maintenance services on a 24/7 basis. In Energy Equipment, the company provides high-end drilling tools, including durable high-power motors for directional and horizontal drilling, rotary steerable systems from D-Tech, circulation tools like DSI's PBL for flow control, and well-completion solutions from WellBoss, designed for high-temperature, high-pressure onshore and offshore conditions in oil, gas, geothermal, and carbon capture applications; products are available for purchase or rental to oilfield service providers, emphasizing efficiency, reliability, and sustainability. Founded in 1862 with roots tracing to precision engineering heritage, SBO lists on the Vienna Stock Exchange under ticker SBO (previously SLL.DE) and maintains a strong balance sheet with recent revenue of approximately EUR 526 million (TTM). Recent strategic developments include the completed acquisition of UK-based 3T Additive Manufacturing Ltd. in August 2025 to bolster additive manufacturing capabilities and access new markets in sustainable, net-zero production; ongoing expansions in flow control, geothermal energy, and energy transition segments, supported by facility investments in the Middle East and Vietnam; and a corporate rebranding to reflect diversification beyond traditional oilfield equipment into space, aerospace, and advanced manufacturing, while advancing 2030 sustainability targets.