Privately-owned Maxim Watermakers has become the latest company to be acquired by Beloit, Wis.-based Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline). Shreveport, La., based Maxim Watermakers is
Retford, U.K.-based Langley Holdings has completed its acquisition of Norway’s Bergen Engines group from Rolls-Royce for a consideration of EUR 91 million (about $103 million). In addition, EUR 16 million (about $18
Beloit, Wis.-based Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Cincinnati, Ohio-based Federal Equipment Company (FEC). The transaction includes both FEC Military and FEC’s commercial business. FEC
Stamford, Conn.-headquartered Eagle Bulk Shipping Inc. has named Costa Tsoutsoplides as chief strategy officer. In this newly created role, he will have broad responsibilities in developing Eagle’s corporate strategy as well as
Mobile satellite communications giant Inmarsat is set to be acquired by Carlsbad, Calif., based Viasat Inc., (NASDAQ: VSAT) under a definitive agreement announced today. The news comes two years after U.K.-based Inmarsat
EQT Infrastructure is to sell one of the largest terminals in the Port of Los Angeles—Fenix Marine Services (FMS)—to CMA CGM for an enterprise value of $2.3 billion. Under EQT Infrastructure’s ownership
New York City headquartered investment firm Stonepeak is to add TK LNG Partners (NYSE: TGP) to its $39 billion portfolio of infrastructure and real assets under management. A merger agreement announced today
Continuing on the acquisition trail, Beloit, Wis. headquartered Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Hunt Valve Company Inc., a specialty manufacturer of naval valves and
Huntington Ingalls Industries (NYSE:HII) reports that it has completed its acquisition of McClean, Va., based Alion Science and Technology, from Veritas Capital. Alion provides advanced engineering and R&D services in the areas
Jones Act tanker and ATB operator Overseas Shipholding Group, Inc. (NYSE: OSG), said today that, “following receipt by the company of a non-binding indication of interest to acquire all of the issued
