Kirby Corp. to Buy Saunders Engine and Equipment Co.

Tuesday, July 10, 2007
Marine Systems Inc., a wholly owned subsidiary of Kirby Corp., said it had agreed to purchase Saunders Engine and Equipment Co. Inc. for about $13.2m in cash. Saunders, based in Mobile, Ala., is a privately held high-speed diesel engine services provider. The deal is expected to close by July 20. Houston-based Kirby said it will finance the acquisition using an existing revolving credit facility.
Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Willard Adds Sales Manager for Gulf Coast, Florida

Willard Marine, Inc. has hired Jimmy Sorenson as regional sales manager for the Gulf Coast and Florida.   Sorenson served 11 years with the U.S. Coast Guard

Gauthiers’ Announces Modex Merger

Gauthiers’ announced the acquisition of an equity share of Modex, an international manufacturer of DNV-certified offshore equipment. As part of the transaction,

IHC IQIP Opens New Yard, Offices in Australia

IHC IQIP, part of Royal IHC, is expanding its global presence with a new office and yard in Perth, Australia.   With the acquisition of its Australian agent Machinery Supply on May 4,

 
 
Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | 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: 0.6568 sec (2 req/sec)