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23 September 2020 The on-line newspaper devoted to the world of transports 20:33 GMT+2

July 26, 2019

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Carlyle Group and Stellex buy the American navalmeccaniche societies Vigor and MHOS

The two companies will be melted

The society and investment trust Carlyle Group of private Stellex equities Capital Management has signed agreements in order to buy and to carry out the fusion of the American companies Vigor Industrial and MHOS Holdings, both assets in the field of the naval repair and the supply of systems and services to the marine field is in civil within that to support. The two shipbuilding enterprises are situated western coast and on that oriental of the United States, with the Vigor, whose majority of the capital currently is stopped by the managing director Frank Foti, that it has center to Portland, in Oregon, and with the MHOS, that is currently of property of the same Stellex Capital, that is based to Norfolk, in Virginiums.

According to the forecasts, the acquisitions will be capacities term within the end of the third trimester of this year. The quota majority of the new society been born from the fusion of the Vigor and the MHOS will be stopped by Carlyle Group.

"We do not see the hour - Derek Whang, managing of Carlyle Group has declared - to work with our partner of the Stellex, the Vigor and the MHOS in order to create a society more hard, in a position to supplying services differentiated from coast to coast to US Navy, the Army American and other customers of the fields of the defense, infrastructures and the marine section".

PSA Genova Pra'
Autorità di Sistema Portuale Mar Ligure Orientale

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