Subsea Global Solutions (GenNx360) Acquires T&T Salvage Asia Commercial Diving Division
February 19, 2020
GenNx360 Capital Partners’ portfolio company Subsea Global Solutions (SGS) has acquired the commercial diving division of T&T Salvage Asia Pte. Ltd. The add-on acquisition expands SGS’ capabilities in Singapore and strengthens its Asia-Pacific footprint by combining the TTSA division with recent Singapore and regional acquisitions to improve operational density and service offering.
- Buyers
- Subsea Global Solutions, GenNx360 Capital Partners
- Targets
- Commercial diving division of T&T Salvage Asia, Pte. Ltd.
- Sellers
- T&T Salvage Asia, Pte. Ltd.
- Platforms
- Subsea Global Solutions
- Industry
- Industrial Services
- Location
- Singapore
- Transaction Type
- Addon
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