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New Deal


Announced

Completed

James Fisher completed the acquisition of a 60% stake in MSMC.

Financials

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Transaction Value£5m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For60%
EV/Sales-
EV/EBITDA6.86x
Share Price Premium-
One Off Charge-

Tags

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Private

Saudi Arabia

Machinery: Specialty

marine engineering

Friendly

Acquisition

Majority

Completed

Single Bidder

Synopsis

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James Fisher and Sons, a British provider of marine engineering services, completed the acquisition of a 60% stake in MSMC, a provider of near shore marine construction and maintenance services. The 40% minority interest of MSMC has been retained by Abdullah Akbar Natheer who James Fisher will work with to grow MSMC and secure a leadership position in its chosen markets.

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