M&A Deal Summary

DryShips Acquires OceanFreight

On November 3, 2011, DryShips acquired transportation company OceanFreight

Acquisition Highlights
  • This is DryShips’ 1st transaction in the Transportation sector.
  • This is DryShips’ 1st transaction in Greece.

M&A Deal Summary

Date 2011-11-03
Target OceanFreight
Sector Transportation
Buyer(s) DryShips
Deal Type Add-on Acquisition

Target

OceanFreight

Athens, Greece
OceanFreight, Inc. is a provider of marine transportation services.

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Buyer(S) 1

Buyer

DryShips

Athens, Greece

Category Company
Founded 2004
Sector Marine
Employees2,466
Revenue 2.2B USD (2014)
DESCRIPTION

DryShips is an owner of drybulk carriers and tankers that operate worldwide.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Greece M&A 1 of 1
Year: 2011 M&A 1 of 1