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New Deal


Announced

Proyectos Globales de Energía CME to acquire a minority stake in Mexican joint ventures of Seacor for $66m.

Financials

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Transaction Value£57m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

Domestic

Mexico

Acquisition

Pending

Marine Transportation

Private

Minority

marine transportation

Synopsis

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Proyectos Globales de Energía CME, an offshore marine firm, agreed to acquire a minority stake in Mexican joint ventures of Seacor, a provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, for $66m. "I am very pleased to announce this series of transactions that bolster the Company’s liquidity and extend our debt maturities. This positions SEACOR Marine with a clear path to capture the full opportunity set presented by the upcycle in our industry," John Gellert, SEACOR Marine CEO.

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