FGH Signs Contract To Sell AmClyde Division

Wednesday, February 20, 2002
Friede Goldman Halter, Inc. (FGH) has entered a contract with Hydralift ASA, a Norwegian company, to acquire substantially all of the assets and activities of AmClyde Engineered Products (AmClyde) for approximately $36 million. AmClyde, located in St. Paul Minnesota, is one of four business units presently operated by FGH. The acquisition is subject to approval by the United States Bankruptcy Court, and a possible auction proceeding that is allowed by the United States Bankruptcy Law. Closing is expected to take place in April 2002.
Maritime Reporter February 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Zamakona, Finnish GS-Hydro Ink Deal

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

Naval EXPO Coming to Washington

For the first time ever, the general public will be admitted free to the Naval Future Force Science and Technology EXPO general exhibit hall Feb. 4-5 where they

Adani Group Revamps Businesses

Adani Enterprises Limited together with its subsidiaries Adani Ports and Special Economic Zone Limited (“APSEZ”) and Adani Power Limited (“APL”) today announced

 
 
Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.1502 sec (7 req/sec)