GIFI · Categories · M&A
GIFI - Mergers and acquisitions
Gulf Island Fabrication Inc. (GIFI) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for GIFI
- Gulf Island Announces Acquisition to Expand Services BusinessHOUSTON, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. ("Gulf Island" or the "Company") (NASDAQ:GIFI), a leading steel fabricator and service provider to the industrial and energy sectors, today announced the acquisition of the services and industrial staffing businesses (collectively, "DSS") of Dynamic Industries, Inc. TRANSACTION RATIONALE Expands services business. Grows the Company's customer base for its existing services offerings.Diversifies services offerings. Expands the Company's services offerings to include coatings, scaffolding, and specialty services such as torquing and hydrotesting.Provides for revenue synergy opportunities. Allows for potential to cross
- Bollinger Shipyards Acquires Gulf Island Fabrication's Shipyard FacilitiesCements Bollinger's position as the largest American privately-owned and operated shipbuilder in the United States Transaction includes 437-acre waterfront facility with 198,000 sq. ft. of existing operations, fabrication and warehouse space, and 4 floating drydocks Acquisition expands new construction and repair capacity and capabilities to better serve key defense and commercial customers Bollinger Shipyards ("Bollinger"), a privately-held leading designer and builder of steel military and commercial vessels for the past three quarters of a century, today announced that it has acquired Gulf Island Fabrication, Inc.'s ("Gulf Island") (NASDAQ:GIFI) Shipyard facilities, expanding Bollinge