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    Dockwise acquired by 3i

    News // January 3, 2007

    Offshore services company Heerema Group and Norwegian maritime group Wilh Wilhelmsen have agreed the sale of Dockwise Transport NV, the Dutch heavy transportation
    company based in Breda, to 3i, the private equity company. The deal is valued at in excess of US$700 million.

    “Both shareholders are extremely pleased with the transaction and believe that 3i is the best fit for guaranteeing continuation of the Dockwise organisation and business,” said Nico Pronk, CFO of the Heerema Group.

    The sale is motivated by the fact that Heerema and Wilh Wilhelmsen want to focus on their respective core activities.

    Dockwise specialises in heavy-lift transportation for the
    marine and oil and gas industries.

    It has a fleet of 15 semi-submersible vessels.

     

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