Announced
Synopsis
Bay-Houston Towing, a Houston-based provider of harbor tug services, agreed to acquire Seabulk Towing Services, which operates eight harbor towing vessels, from American Industrial Partners-backed Seacor, a petroleum industry company. Financial terms were not disclosed. "We have admired Seabulk for many years, and Bay-Houston is delighted to expand its operations to two important, high-growth ports. We look forward to providing our customers with a smooth transition and long-term investment to support their growth in these ports," Philip Kuebler, Bay-Houston President and CEO.
Show Details & Financials
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.