American Industrial Partners Acquires Majority Stake in Aker BioMarine's Feed Ingredients Business

American Industrial Partners Acquires AquaShip AS and Intership AS and Combines Them into Global Aqua Services Platform

December 18, 2023

Transportation

American Industrial Partners (AIP) has become the majority and controlling shareholder of Norway-based AquaShip AS and Intership AS and will merge the two companies into a single global aquaculture service vessel operator. Talweg Capital co-invested in the combined company; Alchemy sold its stake in Intership. The combined business will operate a fleet of 39 vessels with nearly 700 employees and serve salmon farmers across Norway, Scotland, Ireland, Chile, Canada, and the United Kingdom.

American Industrial Partners Acquires AGCO's Grain & Protein Business

July 25, 2024

Manufacturing

American Industrial Partners (AIP) has acquired AGCO Corporation's Grain & Protein division in an all-cash divestiture, creating a standalone, privately held business rebranded as Grain & Protein Technologies. The business, which operates leading brands including GSI, Cumberland, AP, Tecno and Cimbria, generates approximately $1 billion in annual revenue, employs ~3,200 people across 14 manufacturing facilities globally, and will be led by CEO Jacob Thomas.

American Industrial Partners Acquires SEACOR Holdings in $1B Take-Private

April 15, 2021

Transportation

American Industrial Partners (AIP) completed a take-private acquisition of SEACOR Holdings Inc. via a tender offer at $41.50 per share, valuing the company at roughly $1 billion including net debt. The transaction was effected through AIP affiliate Safari Merger Subsidiary, Inc.; SEACOR's shares were converted and delisted from the NYSE, and AIP will work with SEACOR management to pursue long-term growth and industry consolidation.

American Industrial Partners Completes Take-Private Acquisition of Boart Longyear

April 10, 2024

Industrial Services

American Industrial Partners (AIP) completed a court-approved take-private acquisition of Boart Longyear Group Ltd., acquiring all outstanding shares and taking the company private. AIP said it will partner with Boart Longyear management to deploy operational capabilities (product engineering, aftermarket, procurement, LEAN, IT, finance) and invest to accelerate growth in the company's drilling services, equipment manufacturing, and orebody-knowledge technology businesses.

American Industrial Partners Makes Strategic Investment in Austin Powder

July 1, 2024

Manufacturing

American Industrial Partners (AIP) has made a strategic growth investment in Austin Powder to support the company's expansion, innovation and global growth plans while partnering with Austin’s existing long-term ownership group and management team. Financial terms were not disclosed; the investment will provide AIP’s financial and operational resources to accelerate geographic expansion and capability development across Austin Powder’s explosives manufacturing and blasting services business.

IK Investment Partners to Acquire Majority Stake in Innovad Group

February 17, 2021

Veterinary

IK Investment Partners' IX Fund has entered exclusive discussions to acquire a majority stake in Innovad Group from founder and CEO Jamal Al‑Saifi. The transaction — which includes Italian feed additives supplier Add‑Co Nutrition becoming a full subsidiary — will see co‑founder Ben Letor become CEO and reinvest alongside management; financial terms were not disclosed and closing is subject to regulatory approvals.