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CMB to acquire CTV operator Windcat Workboats from SEACOR Marine - Vimarsana News

CMB to acquire CTV operator Windcat Workboats from SEACOR Marine

Windcat CTV [Image: CMB] Antwerp-headquartered Compagnie Maritime Belge (CMB) has reached an agreement to acquire Lowestoft, U.K., headquartered Windcat Workboats Holdings Limited and its crew transfer vessels from SEACOR Marine Holdings Inc. (NYSE: SMHI). The deal will see CMB pay SEACOR Marine GBP 32.8 million in cash (about US$44.6 million) and assume all of the approximately GBP 20.4 million (about $27.8 million) of debt outstanding under Windcat’s existing revolving credit facility. The transaction is expected to close on or prior to January 12, 2021. Windcat owns and operates, directl...

SEACOR Marine and CMB Announce Transaction for Windfarm Support Business - Vimarsana News

SEACOR Marine and CMB Announce Transaction for Windfarm Support Business

Press release content from Globe Newswire. The AP news staff was not involved in its creation. SEACOR Marine and CMB Announce Transaction for Windfarm Support Business SEACOR Marine Holdings Inc.December 18, 2020 GMT HOUSTON and ANTWERP, Belgium, Dec. 18, 2020 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE:SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, and Compagnie Maritime Belge (“CMB”), a diversified shipping and logistics group, today announced...

Source: apnews.com
SEACOR Marine Holdings Inc.: SEACOR Marine and CMB Announce Transaction for Windfarm Support Business - Vimarsana News

SEACOR Marine Holdings Inc.: SEACOR Marine and CMB Announce Transaction for Windfarm Support Business

SEACOR Marine Holdings Inc.: SEACOR Marine and CMB Announce Transaction for Windfarm Support Business HOUSTON and ANTWERP, Belgium, Dec. 18, 2020 (GLOBE NEWSWIRE) -- SEACOR Marine Holdings Inc. (NYSE:SMHI) (the "Company" or "SEACOR Marine"), a leading provider of marine and support transportation services to offshore oil and natural gas and wind farm facilities worldwide, and Compagnie Maritime Belge ("CMB"), a diversified shipping and logistics group, today announced that a wholly-owned subsidiary of the Company entered into a binding definitive sale and purchase agreement ("SPA") to sell ...