Mergers & Acquisitions
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Damen launches aquaculture vessel shipyard joint venture
Damen Shipyards and Folla Maritime have launched a joint venture shipyard, Damen Folla, that aims to deliver vessels for the aquaculture sector.
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Williams strengthens Aberdeen offshore links
Williams Shipping has strengthened its marine logistics footprint with the acquisition of GIF Transport and Logistics
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Boluda files notice of Portuguese acquisition
Boluda Towage has filed a notice with the Portuguese Competition Authority to buy towage services provider Remolcanosa Portugal – Serviços Marítimos, to expand its presence in Portugal.
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Mitsui acquires Scottish offshore renewables port
The deal sees Mitsui & Co. Europe Ltd and Mitsui O.S.K. Lines Ltd acquire 100% of The Port of Nigg
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€Multi-billion offshore firms complete merger
Italian engineering giant Saipem and Luxembourg-domiciled offshore engineers and construction firm Subsea7 have officially merged to create ‘a global leader in energy services’.
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Telemar merges with TNL to fast-track digital change
Marlink-owned subsidiary Telemar is to merge with TNL Group, an Athens-based maritime navigational services specialist.
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Swedish safety products provider snaps up Turkish firm
Swedish fire, flame and gas safety technology firm Consilium Safety Group has stepped into Turkey with the purchase of Ares Marine, which makes control, navigation, monitoring and marine instruments and electronics.
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Rosenxt acquires Beam subsea assets
The acquisition will increase Rosenxt’s subsea capabilities for the critical infrastructure and energy sectors
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ABB expands its marine electrification capabilities
The acquisition of BrightLoop will allow ABB to scale up its power conversion solutions
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Subsea7 upbeat on wind in lead-up to Saipem merger
As talks of a merger progress between offshore engineering giants Subsea7 and Saipem, Subsea 7 CEO John Evans has given a positive outlook after Q1 2025 results.
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DEME expands offshore wind with Havfram takeover
DEME is to acquire Havfram for €900 million to expand its global offshore wind capabilities and fleet strength
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InfraVia takes 80% stake in Louis-Dreyfus Armateurs
Historic family-owned marine services firm Louis Dreyfus Armateurs (LDA) has sold 80% of its shares to private equity firm InfraVia.
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Major firms merge to form offshore energy mammoth
Two of the world’s largest offshore firms have agreed a €43 billion merger, to be completed in the second half of 2026.
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Shock WBV and Loki form dynamic partnership
Seawork Award winner Shock WBV has joined forces with Loki Dynamics, the marine equipment distributor.
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NYK invests in Swedish CTV fleet
NYK Line has made its financial move into Swedish CTV fleet owner Northern Offshore Group (N-O-G).
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General Oceans acquires RS Aqua
The acquisition will strengthen both companies position in the subsea technology market
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WIND Group acquires Draftec
WIND Group boosts support for its clients’ projects with the acquisition of Dutch engineering and manufacturing firm Draftec.
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New Maersk spin-off to support offshore wind
Maersk Offshore wind promises to support the growing needs of the offshore wind sector by cutting installation times and costs
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More details on Herman Sr’s purchase of ST Marine
The February purchase of ST Marine by Herman Senior came about over a beer shared by the owners, Peter Barker writes.
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Recent Boluda purchase ‘a logical consequence’
Spanish towage giant Boluda and the background to its announcement in February of another key acquisition