DLA Piper has advised Polaris and G&O Maritime Group on the acquisition of the activities in Global Boiler
With strategically located branches in Denmark, Singapore and the United Arab Emirates, Global Boiler is specialized in comprehensive marine boiler services, offering solutions such as boiler repairs, automation services, and spare parts, which makes Global Boiler a dedicated one-stop-shop for the merchant fleet’s boiler needs.
G&O Maritime Group, backed by the Danish private equity firm Polaris, is a growing group of niche sub-system companies in the maritime industry, all with market leading products. All of G&O Maritime Group’s brands service the global maritime and offshore industry with high quality products while supporting the green transition in the industry.
Closing of the transaction was completed in the end of December 2024.
A DLA Piper team consisting of Karsten Pedersen, Kenni Svanholm Jensen and Andreas Egeblad Arendt have advised Polaris and G&O Maritime Group on this transaction. Thanks to Rune Lillie Gornitzka and Nicolai Vennekilde from Polaris for trusting us with this transaction, as well as to the financial and tax team at PwC and last to Søren Kamp Nørbæk, Jonas Lyngesen and Victor Søndergaard Nielsen from Bech-Bruun, for a great collaboration and for a professional process.
Read the press release from G&O Maritime Group here: Global Boiler joins G&O Maritime Group. - G&O Maritime Group