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New Deal


Announced

Completed

Subsea 7 completed the acquisition of a 59.12% stake in Nautilus Floating Solutions from Velatia, Astilleros de Murueta and Grupo Tamoin.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For59%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

floating wind farm

Renewable Energy Equipment

Cross Border

Spain

Public

Friendly

Acquisition

Majority

Completed

Synopsis

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Subsea 7, an offshore projects and services provider, completed the acquisition of a 59.12% stake in Nautilus Floating Solutions, a company that designs, manufactures, installs, operates and maintains floating platforms for offshore wind turbines, from Velatia, Astilleros de Murueta and Grupo Tamoin. Financial terms are not disclosed.

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