Add-on Acquisition • Marine

Marine Systems Acquires Global Power Systems

On May 26, 2006, Marine Systems acquired marine company Global Power Systems

Acquisition Context
  • This is Marine Systems’ 1st transaction in the Marine sector.
  • This is Marine Systems’ 1st transaction in the United States.
  • This is Marine Systems’ 1st transaction in Louisiana.

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M&A Deal Summary

Date May 26, 2006
Target Global Power Systems
Sector Marine
Buyer(s) Marine Systems
Deal Type Add-on Acquisition

Target Company

Global Power Systems

Bossier City, Louisiana, United States
Global Power Systems is a provider of diesel engine maintenance, repair and overhaul services for marine diesel engines companies operating in the offshore oil and gas industry in the Gulf of Mexico.
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Buyer Overview 1

Buyer

Marine Systems

Houma, Louisiana, United States

Category Company
Founded 1966
Sector Marine
DESCRIPTION

Marine Systems, Inc. is a provider of diesel engine and reduction gear repair services and remanufacturing and replacement parts for marine diesel engines.


Deal Context for Buyer #
Overall 1 of 1
Sector: Marine 1 of 1
Type: Add-on Acquisition 1 of 1
State: Louisiana 1 of 1
Country: United States 1 of 1
Year: 2006 1 of 1