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Aberdeen-based Swire Energy Services has been acquired by US investment management firm Davidson Kempner. Completion of the transaction is subject to customary regulatory approvals and is anticipated to take place in the third quarter of 2025. The financial terms of the transaction were left undisclosed. The New York-based investment firm holds approximately $35bn in global assets. Swire Energy Services was founded in 1979 and owns and operates a fleet of over 51,000 cargo-carrying units, positioning it to capitalise on increasing offshore oil and gas activity. Apart from the oil and gas sector, the company has been present in the offshore wind sector since the acquisition of ALL NRG back in 2021. “[We look] forward to working with Davidson Kempner to continue to build on our proven track record and the solid foundation that we have developed over the past 40 years,” said Manfred Vonlanthen, CEO of Swire Energy Services. |
