U.S.-based offshore supply vessel company Tidewater has completed its merger with rival Gulfmark Offshore, thereby creating a new global leader in the offshore support vessel sector in terms of total fleet size. Tidewater Inc. (NYSE: TDW) announced the closing of the deal on Thursday with support...
Mergers and Acquisitions
Wärtsilä strengthens its position by acquiring Spanish Burriel Navarro
Burriel Navarro
Wärtsilä strengthens its position as a global operator in the underwater services market by acquiring Spanish Burriel Navarro
Wärtsilä Corporation, 31 October 2018 at 4.30 pm EET – The technology group Wärtsilä has acquired Burriel Navarro, S.L, a company operating in underwater services in the main ports of Spain. The acquisition supports the growth of Wärtsilä’s underwater services and expands the company’s local presence in the European market. Burriel Navarro will be part of...
Ince & Co LLP to merge with Gordon Dadds LLP
Peter Rogan
As you may have seen, it was announced this morning that the members of Ince & Co International LLP have approved the terms of a merger with Gordon Dadds LLP to form a top 40 UK legal firm, Ince Gordon Dadds LLP.
This is a momentous time for us and I want to take the opportunity to give you a brief update about what the announcement means.
This cutting-edge merger, which recognises the strength of the Ince & Co brand around the world, brings together two complementary businesses with...
http://www.allaboutshipping.co.uk/2018/10/29/ince-co-llp-to-merge-with-gordon-dadds-llp/
Sonardyne acquires maritime and marine science technology specialist Chelsea Technologies Group Ltd
l to r: Chelsea’s Brian Phillips and John Ramsden, Sonardyne.
18 OCTOBER 2018 – Leading subsea technology developer Sonardyne International Ltd. has acquired maritime and marine science technology specialist Chelsea Technologies Group Ltd.
Chelsea, based in West Molesey, Surrey, has a broad base in environmental sensing technology spanning markets in fresh and waste water, oceanography and a wide range of industrial applications. In addition to its optical engineering capability, it provides...
Offshore Driller Ensco to Buy Rowan in $2.38 Billion Deal
By John Benny Oct 8 (Reuters) – Deep-sea oil driller Ensco Plc said on Monday it would buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, as it looks to increase its rig count and benefit from Rowan’s joint venture with Saudi Aramco. The deal adds to a wave of […]
Hunter Maritime Acquisition Corp. Enters into a Merger Agreement with NCF Wealth Holdings Limited
October 5, 2018 – Hunter Maritime Acquisition Corp. (Nasdaq: HUNT) (the “Company” or “Hunter”), a special purpose acquisition company, announced today that on October 5, 2018 it entered into a definitive agreement to complete a business combination (the “Transaction”) with NCF Wealth Holdings Limited (“NCF”). The Company has established a wholly-owned subsidiary that will acquire NCF by way of merger in an all-stock transaction which values NCF at an equity value of $2,000,000,000, whereby...