Company:SEACOR Holdings

From HandWiki
Short description: U.S. marine services company
SEACOR Holdings
TypePrivately held company
IndustryPetroleum industry
Founded1989; 35 years ago (1989)
FounderCharles Fabrikant
Headquarters
Fort Lauderdale, Florida
,
United States
OwnerAmerican Industrial Partners
Websitewww.seacorholdings.com

SEACOR Holdings, based in Fort Lauderdale, Florida, provides equipment and services to the offshore petroleum industry and the marine transportation industry.

History

SEACOR was founded in 1989 by Charles Fabrikant.[1]

In December 1989, the company acquired the marine unit of Nicor Gas.[2]

In 1992, the company became a public company via an initial public offering.

In 2004, the company acquired Era Aviation following its acquisition of Tex-Air Helicopters in 2002.[3][4]

Also in 2004, the company acquired Seabulk.[5]

In March 2012, the company sold National Response Corporation and its affiliated businesses to J.F. Lehman & Company.[6]

In January 2013, the company sold its energy trading division to Par Pacific Holdings.[7]

In 2017, the company acquired International Shipholding Corporation, including Waterman Steamship Corporation.[8]

In 2018, the company acquired full ownership of CLEANCOR Energy Solutions LLC.[9]

In April 2021, American Industrial Partners, a private equity firm, acquired the company.[10][11]

See also

  • CG Railway

References

  1. McAuley, Tony (April 16, 2021). "Seacor Power's owner among offshore service firms struggling with low oil prices, pandemic". The Houma Courier. https://www.houmatoday.com/story/news/state/2021/04/16/seacor-powers-owner-among-offshore-service-firms-struggling-low-oil-prices-pandemic/7252067002/. 
  2. Arndt, Michael (January 28, 1990). "ABRUPT RESIGNATION BY NICOR PRESIDENT". Chicago Tribune. https://www.chicagotribune.com/news/ct-xpm-1990-01-28-9001080337-story.html. 
  3. "Our History :: SEACOR Holdings Inc". https://seacorholdings.com/about-us/our-history. 
  4. "Rowan to sell ERA subsidiary to SEACOR". American City Business Journals. October 11, 2004. https://www.bizjournals.com/houston/stories/2004/10/11/daily44.html. 
  5. "Purchase: Seabulk to become part of Seacor". American City Business Journals. March 14, 2005. https://www.bizjournals.com/southflorida/stories/2005/03/14/daily45.html. 
  6. "J.F. Lehman & Company Completes the Acquisition of National Response Corporation from SEACOR Holdings Inc" (Press release). PR Newswire. March 19, 2012.
  7. "SEACOR Exits Crude Oil Trading With Sale of SEACOR Energy Inc. to Par Petroleum Corporation" (Press release). GlobeNewswire. January 2, 2013.
  8. "International Shipholding emerges from bankruptcy as part of". The Times-Picayune/The New Orleans Advocate. June 2, 2017. https://www.nola.com/news/business/article_fd481d56-7ea0-544c-abb0-feab897d32fc.html. 
  9. "SEACOR Holdings Inc. Announces Purchase of Remaining Interest in CLEANCOR Energy Solutions LLC" (Press release). GlobeNewswire. May 31, 2018.
  10. "SEACOR HOLDINGS INC. ANNOUNCES COMPLETION OF TAKE PRIVATE TRANSACTION WITH AMERICAN INDUSTRIAL PARTNERS" (Press release). GlobeNewswire. April 15, 2021.
  11. "American Industrial Partners completes acquisition of Seacor". American City Business Journals. April 20, 2021. https://www.bizjournals.com/southflorida/news/2021/04/20/seacor-holdings-becomes-private-company.html. 

External links