M&A Deal Summary

Macquarie Bank Acquires Express Offshore Transport

On July 10, 2007, Macquarie Bank acquired transportation company Express Offshore Transport from Wilhelmsen Maritime Services AS and Svitzer A/S

Acquisition Highlights
  • This is Macquarie Bank’s 4th transaction in the Transportation sector.
  • This is Macquarie Bank’s 1st transaction in Singapore.

M&A Deal Summary

Date 2007-07-10
Target Express Offshore Transport
Sector Transportation
Buyer(s) Macquarie Bank
Sellers(s) Wilhelmsen Maritime Services AS
Svitzer A/S
Deal Type Divestiture

Target

Express Offshore Transport

Singapore
Express Offshore Transport Ltd offers transportation of personnel and supplies to the oil industry.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Macquarie Bank

Sydney, Australia

Category Company
Founded 1969
Sector Financial Services
Employees19,266
Revenue 6.8B AUD (2025)
DESCRIPTION
Macquarie's corporate headquarters in downtown Sydney.
Macquarie's corporate headquarters in downtown Sydney.

Macquarie Bank is an Australian investment banking and diversified financial services group, providing banking, financial advisory and investment and funds management services. Macquarie Bank was founded in 1969 and is based in Sydney, Australia.


DEAL STATS #
Overall 13 of 25
Sector: Transportation M&A 4 of 4
Type: Divestiture M&A Deals 3 of 7
Country: Singapore M&A 1 of 1
Year: 2007 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-01 Global Tower Partners

Boca Raton, Florida, United States

Global Tower operates wireless communication towers.Global Tower Management, LLC (d/b/a Global Tower Partners, "GTP") is a leading operator of communications towers and related wireless infrastructure. Including the acquisition of Dobson Communication's tower assets, the company owns approximately 1,125 towers and manages over 3,000 rooftop sites.

Buy $1.4B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-06 Allegiance Capital

Dallas, Texas, United States

Allegiance is an established taxable fixed income manager using high-grade corporate, government and mortgage backed securities toward its goal of providing consistent, above market returns with below market risk. Allegiance provides a broad array of traditional and absolute strategies as fixed income strategies for its clients.

Buy -

Seller(S) 2

SELLER

Wilhelmsen Maritime Services AS

Lysaker,, Norway

Category Company
Founded 2005
Sector Marine
DESCRIPTION

Wilhelmsen Maritime Services is a global provider of engineered solutions, products and services to the offshore and maritime industry. Through its portfolio of companies, WMS has the capability to deliver a broad range of quality products and services to shipyards, owners, charterers and management companies worldwide.


DEAL STATS #
Overall 2 of 5
Sector: Transportation M&A 1 of 2
Type: Divestiture M&A Deals 1 of 4
Country: Singapore M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-10 BASS Pvt.

Hong Kong, China

BASS (Hong Kong) Pvt., Ltd. engages in the development and marketing of software products and services for the maritime market.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-14 Callenberg Technology Group AB

Uddevalla, Sweden

Callenberg Group AB is a provider of Insulation, HVAC (heating, ventilation and air conditioning) and electrical energy management solutions for the maritime, offshore & energy markets. Callenberg delivers products, systems and services to ships in service, newbuilds and retrofits and to the offshore segments.

Buy -
SELLER

Svitzer A/S

Copenhagen,, Denmark

Category Company
Founded 1833
Sector Marine
DESCRIPTION

SVITZER A/S is a provider of marine services.


DEAL STATS #
Overall 1 of 1
Sector: Transportation M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Singapore M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-27 Express Offshore Transport

Singapore

Express Offshore Transport Ltd offers transportation of personnel and supplies to the oil industry.

Buy -