M&A Deal Summary

Puglia Engineering Acquires BAE Systems - Ship Repair Business

On January 2, 2017, Puglia Engineering acquired marine company BAE Systems - Ship Repair Business from BAE System

Acquisition Highlights
  • This is Puglia Engineering’s 1st transaction in the Marine sector.
  • This is Puglia Engineering’s 1st transaction in the United States.
  • This is Puglia Engineering’s 1st transaction in California.

M&A Deal Summary
Date 2017-01-02
Target BAE Systems - Ship Repair Business
Sector Marine
Buyer(s) Puglia Engineering
Sellers(s) BAE System
Deal Type Divestiture

Target

BAE Systems - Ship Repair Business

San Francisco, California, United States
BAE Systems - Ship Repair Business is a provider of ship repair, maintenance, modernization, conversion and overhaul services.

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Buyer(S) 1

Buyer

Puglia Engineering

Tacoma, Washington, United States
Category Company
Sector Marine
DESCRIPTION

Puglia Engineering, Inc. is a ship repair company currently operating two shipyards in Washington state.

DEAL STATS #
Overall 1 of 1
Sector (Marine) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

BAE System

Camberley, United Kingdom
Category Company
Founded 1970
Sector Defense
Employees99,800
Revenue 23.1B GBP (2023)
DESCRIPTION
BAE office in Reston, Virginia.
BAE office in Reston, Virginia.

BAE Systems is a provider of defense and security products and services. From sophisticated cyber services and military support, to mission critical electronic systems and protection equipment, BAE aims to be at the forefront of defense technology and science. BAE Systems was founded in 1970 and is headquartered in Camberley, England.

DEAL STATS #
Overall 4 of 7
Sector (Marine) 1 of 1
Type (Divestiture) 4 of 7
State (California) 1 of 1
Country (United States) 3 of 4
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-11 Eclipse Electronic Systems

Richardson, Texas, United States

Eclipse Electronic Systems, Inc. is a designer and manufacturer of high-performance, embedded digital receiver products and signal processing components.

Buy $28M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-21 IAP Research

Dayton, Ohio, United States

IAP Research, Inc. is an engineering company focused on the development and production of electromagnetic launchers, power electronics, and advanced materials.

Buy -
Mergr

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