Announced
Financials
Tags
Public
Marine Transportation
Acquisition
Private Equity
Friendly
marine transportation
Majority
Cross Border
Norway
Pending
Single Bidder
Synopsis
KKR & Co agreed to acquire Ocean Yield, a ship owning company with investments in vessels on long-term charter, from Aker Solutions, an engineering company based in Oslo, for $829m. "We are pleased that KKR, a leading global investment firm with a strong track-record in successful partnerships, is becoming a strategic partner to us to further strengthen Ocean Yield as a leading maritime leasing company. By leveraging KKR’s capital, expertise and network, Ocean Yield will be well positioned to develop the business with the intention to build a substantially larger company. The team is excited for the next phase of developing Ocean Yield," Lars Solbakken, Ocean Yield CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.