Tidewater to Expand in Brazil with Acquisition of OSVs From Wilson Sons

Tidewater to Expand in Brazil with Acquisition of OSVs from Wilson Sons

Tidewater is making a major move to expand its presence in the Brazilian offshore oil and gas market while highlighting the strong growth opportunitie...

Tidewater adds 22 PSVs and swells Brazil fleet in $500m acquisition

Houston offshore vessel giant pays cash for Wilson Sons Ultratug Participaçoes

Tidewater acquiring Wilson Sons Ultratug for $500 million

Deal expands Tidewater’s presence in the Brazilian market with a fleet of 22 offshore vessels

Tidewater Doubles Down on Brazil With $500M Ultratug Offshore Deal - Channelchek

Tidewater Inc. (NYSE: TDW) is expanding its global offshore footprint with a $500 million all-cash acquisition of Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, “WSUT”). The transaction, which includes the assumption of approximately $261 million in existing debt, significantly scales Tidewater’s presence in Brazil—one of the world’s most active offshore energy markets. The deal adds 22 p…

Tidewater Announces the All-Cash Acquisition of Wilson Sons Ultratug Offshore

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Tidewater spends $500M to grab 22-vessel foothold in Brazil

Deal adds 22 platform supply vessels and lifts Tidewater's Brazilian fleet to 28 ships, backed by $441M backlog and 58% gross margin after close.