Swire Energy Services (“SES”), a global provider of integrated services and equipment for the energy industry, announces an agreement for its acquisition by Davidson Kempner Capital Management LP (“Davidson Kempner“), a global investment management firm. Completion of the transaction is subject to customary regulatory approvals and is anticipated to take place in Q3 2025. Financial terms of the deal are not being disclosed.
Founded in 1979 and headquartered in Aberdeen, SES is a leading supplier of specialized cargo containers and value-add services to the global offshore energy industry. SES owns and operates a fleet of over 51,000 cargo-carrying units, positioning it to capitalize on increasing offshore oil and gas (“O&G”) activity.
SES is an established platform with a proven track record of growing its service offering across traditional energy, with further opportunities within the broader O&G service value chain and adjacent new energies. Davidson Kempner’s acquisition will support SES on its continued growth trajectory.
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Manfred Vonlanthen, CEO of SES, said: “SES has established a platform with a strong history of growing our offering across traditional energy, while capitalizing on new opportunities. 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. We remain committed to delivering the same levels of excellence for our customers and employees as we always have done, through the transition period to new ownership and beyond.”
SOURCE: PRNewswire