SKF of Sweden is to acquire German ship components provider Blohm + Voss Industries (BVI) from Star Capital Partners. Blohm + Voss Industries is a manufacturer of equipment for critical marine applications, including shaft components (seals and bearings)…
Boskalis states it has financing in place to make an all cash voluntary public offer for all ordinary shares of Dockwise.With reference to the press release of 21 December 2012 in which Boskalis announced its decision to make an all cash…
Greene’s Energy Group (GEG), a provider of integrated testing, rentals and specialty services, has promoted Maury Dumba to Senior Vice President of Business Development, announced CEO Bob Vilyus.Dumba, who is based in Houston, previously…
OpenGate Capital, LLC, a private investment and acquisition firm, acquires Zodiac Recreational from Zodiac Marine & Pool.Zodiac Recreational designs, manufactures and distributes inflatable and Rigid Inflatable Boats (RIBs). Zodiac is a recognized…
J.F. Lehman & Company investment affiliates acquire AMECO, provider of electro-mechanical solutions to the defense, aerospace and maritime sectors.IMECO, based in Iron Mountain, MI, is a leading independent domestic provider of turnkey marine electro-mechanical solutions for U…
Aker Solutions buys California-based Separation Specialists Inc., provider of produced water de-oiling products & field services.Aker consider that the acquisition will strengthen the international oil services company's position in the produced water de-oiling segment…
STX Europe AS sells STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS.STX Europe completes the sale of all of the shares in its wholly owned subsidiaries STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS…
Both companies supply needs of the marine equipment market in the commercial and defense sectors.JCI, headquartered in San Diego, CA with additional operations in Pearl Harbor, HI., is a leading provider of maintenance, repair and overhaul (MRO) services focusing on habitability…
Matson, Inc. agrees to acquire the primary assets formerly owned by Reef Shipping, a South Pacific shipping company based in Auckland, New Zealand.The assets to be acquired include four vessels and approximately 1,500 pieces of container equipment…
Fincantieri signs agreement for the acquisition from STX Europe of 50.75% of STX OSV, leading offshore vessel constructors.With 21 shipyards in 3 different continents, nearly 20,000 employees and revenues of Euro 4 billion, the Fincantieri Group is doubling its size…
As of this week, Damen Shipyards Group is the new owner of French shiprepair yard Arno Dunkerque, the only operator for ship repair and conversion in the 3rd largest French port, Dunkirk. The yard will continue its ship repair and conversion services…
EnerMech has signalled it’s about to step up international expansion with the appointment of mergers and acquisitions expert Ingrid Stewart. Mrs Stewart has joined the mechanical engineering group from investment bank Simmons & Company International…
MHI (Mitsubishi Heavy Industries) acquires Pratt & Whitney Power Systems' 'Small & Medium-size Gas Turbine' business unit.Mitsubishi Heavy Industries, Ltd. (MHI) concludes an agreement with United Technologies Corporation (UTC) of the U…
US-based Roanwell Corp. purchases Bees Manufacturing LLC gains entry to marine market.Roanwell, a maker of rugged communications equipment and contract manufacturer of high precision close tolerance machined parts, will be able to enter the marine marketplace through the acquisition…
Kirby Corporation (Kirby) has signed an agreement to acquire Penn Maritime Inc. (Penn) and Maritime Investments LLC.Penn Maritime is an operator of tank barges and tugboats participating in the coastal transportation of primarily black oil products in the United States…