M&A Deal Summary

James Fisher and Sons Acquires Subtech Group Holdings

On March 3, 2015, James Fisher and Sons acquired marine company Subtech Group Holdings for 61M ZAR

Acquisition Highlights
  • This is James Fisher and Sons’ 5th transaction in the Marine sector.
  • This is James Fisher and Sons’ 8th largest (disclosed) transaction.
  • This is James Fisher and Sons’ 1st transaction in South Africa.

M&A Deal Summary

Date 2015-03-03
Target Subtech Group Holdings
Sector Marine
Buyer(s) James Fisher and Sons
Deal Type Add-on Acquisition
Deal Value 61M ZAR

Target

Subtech Group Holdings

Durban, South Africa
Subtech Group Holdings (Pty) Ltd. is a marine and sub-sea service provider. Subtech provides marine construction projects, submarine pipeline installation and maintenance, specialised marine engineering projects, diving and salvage.

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Buyer(S) 1

Buyer

James Fisher and Sons

Barrow-In-Furness, United Kingdom

Category Company
Founded 1847
Sector Diversified
Employees1,899
Revenue 438M GBP (2024)
DESCRIPTION

James Fisher and Sons is a provider of services, innovation and technology to the marine, oil & gas and other high assurance industries worldwide. James Fisher and Sons was founded in 1847 and is based in Barrow-in-Furness, United Kingdom.


DEAL STATS #
Overall 8 of 16
Sector: Marine M&A 5 of 5
Type: Add-on Acquisition M&A Deals 8 of 16
Country: South Africa M&A 1 of 1
Year: 2015 M&A 2 of 3
Size (of disclosed) 8 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-10 National Hyperbaric Centre

Aberdeen, United Kingdom

National Hyperbaric Centre Ltd. is a provider of services and expertise to the subsea and pressure-related industries. NHS offers a wide range of services from training, hyperbaric welding, subsea testing and consulting to customers worldwide.

Buy £4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-06 Mojo Maritime

Falmouth, United Kingdom

Mojo Maritime Ltd. is a provider of project management, engineering and consultancy services to the offshore renewable energy industry.

Buy -