Dockwise Ltd.
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Publicatie datum
07 nov 2011 - 07:34
Statutaire naam
Dockwise Ltd.
Titel
Dockwise to Sell DYT
Bericht
Breda, The Netherlands, November 7th, 2011: Dockwise Ltd has today announced it has signed a letter of intent to sell its wholly-owned subsidiary, Dockwise Yacht Transport (DYT) to Coby Enterprises Corp ("the buyers"), supported by private equity and with participation of the existing management of DYT. Closing of the transaction is conditional upon market customary conditions. The proceeds of this cash deal will be disclosed upon completion of the transaction which is expected to take place during the next quarter. Following the disposal of DYT, Dockwise will be focused solely on its core Heavy Marine Transport (HMT), Transport and Installation (T&I) and Logistical Management activities.
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