Investment Summary

Wilhelmsen Maritime Services AS Invests In Reach Subsea

On February 17, 2022, Wilhelmsen Maritime Services AS invested in marine company Reach Subsea

Investment Highlights
  • This is Wilhelmsen Maritime Services AS’s 1st transaction in the Marine sector.
  • This is Wilhelmsen Maritime Services AS’s 1st transaction in Norway.

Investment Summary

Date 2022-02-17
Target Reach Subsea
Sector Marine
Investor(s) Wilhelmsen Maritime Services AS
Deal Type Stake Purchase

Target

Reach Subsea

Haugesund, Norway
Reach Subsea is a provider of IMR, ROV, Survey, Construction Support and Decommissioning Services. Reach Subsea was founded in 2008 and is based in Haugesund, Norway.

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Investor(S) 1

Investor

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 7 of 8
Sector: Marine M&A 1 of 2
Type: Stake Purchase M&A Deals 3 of 3
Country: Norway M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-11 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.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-13 Navadan

Taastrup, Denmark

Navadan offer a range of high-pressure equipment, chemical applicators and cleaning chemicals. All are made especially for dry bulk cargo hold cleaning and reviewed according to MARPOL V. Navadan was founded in 1995 and is based in Taastrup, Denmark.

Buy -