Keppel completed the acquisition of Global Marine Group from J.F. Lehman & Company.

Keppel, an asset manager and operator focusing on green investment in real estate, infrastructure, connectivity, and alternative assets, completed the acquisition of Global Marine Group, one of the world’s largest independent subsea cable solutions providers, from J.F. Lehman & Company, a private equity firm. Financial terms were not disclosed. Headquartered in the UK, GMG operates a fleet of six vessels providing mission-critical maintenance and installation services for the global subsea fibre optic cable network, ensuring seamless connectivity. GMG has a strong track record of contract renewals, having developed trusted long-term relationships with top tier customers including telcos, hyperscalers and global equipment suppliers.