Prosafe SE Acquires Floatel International in All-Share Merger
June 3, 2019
Prosafe SE will acquire Floatel International Ltd through an all-share merger of equals that issues new Prosafe shares as consideration, leaving Prosafe and Floatel shareholders with approximately 55% and 45% of the combined company on a fully diluted basis. The combined group — to continue as Prosafe SE listed on the Oslo Stock Exchange — will create the world’s largest offshore accommodation company with an enlarged semi-submersible fleet, broader geographic presence and anticipated operational efficiencies.
- Buyers
- Prosafe SE
- Targets
- Floatel International Ltd
- Sellers
- Floatel's principal shareholders
- Industry
- Oil & Gas
- Location
- Oslo, Norway
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Trelleborg Acquires Maritime International, Inc.
September 25, 2015
Manufacturing
Trelleborg AB, through its Offshore & Construction business area, has agreed to acquire Maritime International, Inc., a privately owned U.S. marine fender systems designer and manufacturer based in Broussard, Louisiana. The bolt-on deal expands Trelleborg's production and engineering footprint in North America and strengthens its berthing, docking and mooring offering; the acquired business has annual sales of approximately SEK 200 million and the transaction was expected to close in Q4 2015.
-
Adelis Equity Partners Takes Majority Stake in UniSea AS
June 27, 2022
Cloud & SaaS
Adelis Equity Partners has acquired a majority stake in UniSea AS, a Norway-based maritime HSEQ SaaS provider, to accelerate UniSea's international growth and product development. UniSea, founded in 1997, serves around 90 customers with software used on roughly 1,500 vessels across the Nordics, Europe and North America; Adelis will partner with management to support the company’s global expansion.
-
Adelis Equity Partners Acquires Majority Stake in SeaCross
August 1, 2024
Aerospace & Defense
Adelis Equity Partners has acquired a majority stake in SeaCross, the Swedish provider of high-speed maritime navigation software, adding the company to Adelis' newly formed defence technology group. The transaction closed in August and will support SeaCross' growth and product development while founders and management remain shareholders.
-
Maersk Drilling and Noble Corporation Agree to 50/50 Combination
November 10, 2021
Oil & Gas
The Drilling Company of 1972 A/S (Maersk Drilling) and Noble Corporation have entered into a definitive agreement to combine in a 50/50, primarily all‑stock transaction. The combined company will be named Noble Corporation, listed on the New York Stock Exchange and Nasdaq Copenhagen, and is expected to create a stronger customer proposition, deliver cost synergies and a modernized fleet.
-
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.
-
Safe Harbor Marinas Acquires Monaco Marine
July 31, 2025
Real Estate
Safe Harbor Marinas has acquired Monaco Marine, expanding its footprint into the Mediterranean with nine marina and shipyard locations across the South of France and Monaco that provide slips, storage and refit/maintenance services for vessels up to 90 meters. The deal increases Safe Harbor’s global portfolio to 149 marinas and shipyards and extends its service offering into premier Mediterranean yachting destinations such as Saint-Tropez, Antibes and Monaco.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.