J.F. Lehman Acquires Atlantic Marine

Thursday, August 03, 2006
J.F. Lehman & Company, a New York-based private equity investor, completed a control investment in Atlantic Marine Holding Company, a provider of repair, overhaul and maintenance services for commercial seagoing vessels and U.S. Navy ships. Atlantic Marine owns and operates two stra¬tegically located shipyards in Jacksonville, Fla. and Mobile, Ala., and leases a third facil¬ity located at the Naval Station Mayport in Jacksonville. Atlantic Marine’s Jacksonville facilities focus on the commercial and U.S. Navy repair market and in recent years has expanded its service offering to the repair and conversion of mega-yachts. The company’s Mobile operation focuses on the bluewater commercial ship re¬pair sector, including vessels that serve the U.S. Defense cargo market. It also has experience in the repair and conversion of drill rigs and semi-submersibles that serve the offshore oil industry. In conjunction with the transaction, Ron McAlear, president of Atlantic Marine’s Mobile opera¬tions, and Ed Fleming, president of the Company’s Jacksonville facilities, were appointed CEO and executive vice president, respectively, of Atlantic Marine Holding Com¬pany.
Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

USCG Rescue 2 on Bahamian Island

Two stranded men are safe after the Coast Guard rescued them off an Island in the Bahamas Tuesday afternoon. Coast Guard 7th District watchstanders received

Directorate Changes at Fastnet

Fastnet, the UK and Irish listed E&P company focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces certain management

Cutlass Express 2015 Commences

Maritime forces from East Africa, South Africa, Europe, Indian Ocean nations, the United States and several international organizations began the fourth iteration

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Pipelines Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1390 sec (7 req/sec)