Saltchuk completes acquisition of Overseas Shipholding Group, Inc. to expand its business portfolio
Acquiring Company
Saltchuk
Acquired Company
Overseas Shipholding Group, Inc.
SeattleTampaEnergyOil And GasTransportationLogisticsTransportationDescription
Saltchuk Resources, Inc. has successfully completed its acquisition of Overseas Shipholding Group, Inc. With OSG joining as its seventh business unit, Saltchuk adds energy shipping to its diversified lines of business, which include domestic shipping, international shipping, logistics, marine services, energy distribution, and air cargo. This strategic acquisition brings together their shared commitment to safety, reliability, and sustainable services.
Quick answer
Saltchuk is acquiring Overseas Shipholding Group, Inc., announced July 10, 2024. Saltchuk is based in Seattle, Washington, United States.
- Who acquired Overseas Shipholding Group, Inc?
- Saltchuk agreed to acquire Overseas Shipholding Group, Inc. on July 10, 2024.
- How much did Saltchuk pay for Overseas Shipholding Group, Inc?
- The deal value was not disclosed.
- What does Saltchuk do?
- Saltchuk Resources, Inc. is a privately owned family of diversified freight transportation, marine service, and energy distribution companies.
- Where are Saltchuk and Overseas Shipholding Group, Inc. based?
- Saltchuk is based in Seattle, Washington, United States. Overseas Shipholding Group, Inc. is based in Tampa, Florida, United States.
- Who are the decision-makers at Saltchuk?
- Fundz holds 2 contacts at Saltchuk. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Overseas Shipholding Group, Inc.?
Overseas Shipholding Group, Inc. was acquired by Saltchuk, based in Seattle. The deal was reported on July 10, 2024. Saltchuk Resources, Inc. is a privately owned family of diversified freight transportation, marine service, and energy distribution companies. Saltchuk is privately held and operates in Energy.
When did Saltchuk acquire Overseas Shipholding Group, Inc.?
Saltchuk's acquisition of Overseas Shipholding Group, Inc. was reported on July 10, 2024. Saltchuk Resources, Inc. has successfully completed its acquisition of Overseas Shipholding Group, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Overseas Shipholding Group, Inc. do?
Overseas Shipholding Group, Inc. (OSG) is a leading provider of liquid bulk transportation services in the energy industry for crude oil and petroleum products, primarily in the U.S. Flag markets. It is privately held, operating in Transportation, and is based in Tampa.
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