Mergers & Acquisitions News

 

Bishop Lifting Acquires Delta Rigging & Tools

Mar 28, 2014

SBP Holdings, through its wholly owned subsidiary Bishop Lifting Products, has completed the acquisition of Delta Rigging & Tools headquartered in Houston, Texas.Bishop Lifting Products and Delta Rigging & Tools specialize in the fabrication and distribution of slings…

Energy Growth Fuels Transactions

Mar 17, 2014

North America’s energy revolution is starting to have a profound impact on the maritime and offshore sectors.North America is undergoing a gradual revolution in energy production, and the transformation has begun to have a profound impact on the maritime and offshore sectors…

Sureclean Added to NRC Group

Mar 10, 2014

National Response Corporation (NRC) announced the completion of a deal which sees U.K.-based Sureclean Limited become part of the NRC group. NRC is a global provider of diversified environmental, industrial and emergency response solutions…

Bibby Travel Buys GAC Travel

Mar 03, 2014

Bibby Travel announced the acquisition of GAC Travel Limited with effect from March 1, 2014. The deal will see GAC Travel integrated within Bibby Travel, a trading division of Bibby Ship Management Ltd in western Europe.Ed Rimmer, Chief Executive Officer…

North P&I, Sunderland Merge to Form North Group

Mar 03, 2014

North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) merged to form the North Group on Friday 28 February 2014 following approval by the Bank of England’s Prudential Regulatory Authority and other U…

Conquest to Use MirTac and StarIPS Software

Feb 26, 2014

Maritime consultancy firm MirTac announced that Conquest Offshore has purchased the Star software and related database and implementation services. Conquest Offshore will be implementing the maintenance, purchase and safety management software both in the office as well as onboard its fleet…

3 Phoenix Acquired by Ultra Electronics

Feb 20, 2014

The McLean Group announced that it acted as the exclusive mergers and acquisitions (M&A) advisor to 3 Phoenix, Inc. (3 Phoenix) in its sale to Ultra Electronics Holdings plc (Ultra) for an initial cash consideration of $70 million. Additional…

Lloyd’s Register Energy Offers O&G Insight

Feb 11, 2014

Lloyd's Register Energy provides insight into operational integrity at the 2014 Australasian Oil & Gas Exhibition and Conference, February 19-21. The event will showcase Lloyd’s Register Energy’s (LRE) capability in the oil and gas sector…

North P&I and Sunderland Marine to Merge

Jan 29, 2014

The members of North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) have voted in favor of the clubs' recent proposals to merge. A target date of February 21, 2014 has been set for the merger…

AWT Shares Acquired by StormGeo

Jan 28, 2014

Applied Weather Technology, Inc. (AWT) announced the conclusion of an agreement with weather specialist company StormGeo under which the full shareholders stock in the company has been acquired by Norwegian based StormGeo A/S .Following the acquisition…

Teekay Offshore Issues $53.4 Million Equity Private Placement

Dec 20, 2013

Teekay Offshore GP LLC., the general partner of Teekay Offshore Partners L.P. announced  that it has agreed to issue 1.75 million common units in a private placement to an institutional investor for proceeds of approximately $53.4 million (excluding…

Aker ASA Now Holds 6% Share in Aker Solutions

Nov 27, 2013

Aker ASA has acquired 16,440,000 shares in Aker Solutions ASA at a price of NOK 115 per share. The shares were acquired after close of markets yesterday through an accelerated book-building process managed by ABG Sundal Collier Norge ASA and Arctic Securities ASA…

Acquisition Brings Bibby into Marine Surveying

Nov 08, 2013

Bibby Ship Management Group Ltd. announced the acquisition of Murray Fenton (India) Surveyors Limited. The acquisition was made via Bibby Ship Management India Pvt. Ltd., and will see India’s service offering expand into marine, cargo and offshore surveying including marine audit services…

New Management in Muir Matheson

Oct 15, 2013

Miros AS, a Norwegian leading global producer of oceanographic remote sensing equipment and advanced Met Ocean systems, acquired Aberdeen based Muir Matheson Ltd. on November 1, 2012 to strengthen the company’s presence in the oil and gas Market…

Scandinavian Shipping & Logistics Expands Range of Services

Oct 08, 2013

Scandinavian Shipping & Logistics AB, owned by the Swedish transport group Greencarrier AB, has merged with Neptumar AB, which is owned by the German transport group Menzell & Döhle. The new company will operate under the name of Scandinavian…

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