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Announced

Eneti to acquire a 58% stake in Seajacks from Marubeni, INCJ and Mitsui & Co for $385m.

Synopsis

Eneti, known as Scorpio Tankers, a Monaco-based company specializing in offshore wind farm construction and services, agreed to acquire 58% stake in Seajacks, an operator of lift boats, from Marubeni, a general trading company, INCJ and Mitsui & Co, a general trading company, for $385m. “This transaction reflects the biggest step yet in our transformation into a world-class contractor for offshore wind. Seajacks is a market leader with a fleet of five advanced jack-up vessels; via this combination we will gain the valuable support of Seajacks shareholders who now become Eneti shareholders; moreover what is central to this combination is the committed and experienced professionals who join our team," Emanuele A Lauro, Eneti Chairman and CEO.

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