Announced
Financials
Sources
Tags
Acquisition
Private Equity
shipping company
Friendly
Pending
Australia
Marine Transportation
Private
Single Bidder
Synopsis
QIC, a government-owned investment company, agreed to acquire Sea Swift, a privately-owned, integrated marine transport and logistics provider, from CHAMP Ventures. Financial terms were not disclosed. With this acquisition, Sea Swift joins a high quality portfolio including the Port of Melbourne, the Powering Australian Renewables Fund, Lochard Energy (which owns and operates the Iona Gas Plant), Boston-based MasParc and most recently Brussels Airport.
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