Chouest Group acquires Canada’s Horizon Maritime

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Chouest Group acquires Canada’s Horizon Maritime

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US offshore services company Chouest Group has acquired Canadian marine and offshore services provider Horizon Maritime. The transaction expands Chouest’s reach along Canada’s east and west coasts and into the Arctic; financial terms were not disclosed.

US offshore services giant Chouest Group has acquired Canadian marine and offshore services provider Horizon Maritime, expanding its presence across Canada’s east and west coasts and into the Arctic. The Louisiana-based group has partnered with Horizon Maritime’s founders to acquire the St. John’s-headquartered company from CFFI and its lender HPS. The transaction’s financial details were …

Markets Deals Energy Shipping Chouest Group Horizon Maritime acquisition offshore services Canada Arctic marine industry

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