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New Deal


Announced

Completed

Clean Marine completed the merger with FMSI.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Indonesia

Majority

Friendly

Electrical Components

Completed

Single Bidder

gas handling systems

Acquisition

Cross Border

Merger

Private

Synopsis

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Clean Marine, a supplier of exhaust gas cleaning systems, completed the merger with FMSI, a manufacturer of gas handling systems. Financial terms were not disclosed. “We are now even better equipped to satisfy our customers’ requirements and meet the increased demand for scrubbers following the implementation of new limits on sulphur emission that came into effect on 1 January 2020. The merger will provide additional scale and ensure continued investment to allow us to develop new products to help our customers increase their fuel efficiency and decrease their environmental footprint,” Nils Hoy-Petersen, Clean Marine CEO.

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