Zeaborn takes full ownership of Zeamarine

The Zeaborn Group has signed an agreement to acquire the remaining ownership interests in Zeamarine held by New Mountain Capital. The Zeamarine joint venture was formed in August 2018 when New Mountain Capital and Zeaborn agreed to combine the commercial activities of Intermarine, Zeaborn Chartering, and Rickmers-Line under the umbrella of Zeamarine.

The transaction is subject to approval from the antitrust authorities.

Watson Farley & Williams (WFW) advised Zeaborn Group on the acquisition.