Announced
Financials
Tags
United Kingdom
shipping services
Private
Marine Transportation
Majority
Single Bidder
Acquisition
Pending
Domestic
Friendly
Synopsis
Vertom Cory Holdings, a shipping holding company, agreed to acquire Cory Brothers, a logistics company from Braemar, a shipnroker, for $26m. "The disposal of Cory is the last key step in the execution of our stated strategy of refocusing Braemar on our shipbroking core and I am pleased that the buyers of Cory are a long-term strategic partner. We look forward to continuing to work with them under their new ownership and seeing the business thrive," James Gundy, Braemar CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.