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Chouest Group acquires Horizon Maritime Services

PRIVATEOct 26, 2026

Acquiring Company

Chouest Group

Acquired Company

Membertou First Nation and Horizon Naval Engineering

PascagoulaNova ScotiaOtherArtificial Intelligence

Description

Chouest Group has acquired Horizon Maritime Services to enhance its operations in Canada. This strategic move will leverage Horizon's local expertise and Chouest's global fleet capabilities. Horizon will retain its management team, with plans for expanded services and collaboration in marine transportation.

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Company Information

Company

Chouest Group

Location

Pascagoula, Mississippi, United States

About

Chouest Group is a prominent maritime and offshore services company. It specializes in advanced technologies for underwater exploration and construction. The company operates a large fleet of vessels and remotely operated vehicles. Its innovative approach positions it as a leader in the maritime industry.

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Frequently asked

Who acquired Membertou First Nation and Horizon Naval Engineering?

Membertou First Nation and Horizon Naval Engineering was acquired by Chouest Group, based in Pascagoula. The deal was reported on October 26, 2026. Chouest Group is a prominent maritime and offshore services company. It specializes in advanced technologies for underwater exploration and construction. Chouest Group is privately held and operates in Other.

When did Chouest Group acquire Membertou First Nation and Horizon Naval Engineering?

Chouest Group's acquisition of Membertou First Nation and Horizon Naval Engineering was reported on October 26, 2026. Chouest Group has acquired Horizon Maritime Services to enhance its operations in Canada. This strategic move will leverage Horizon's local expertise and Chouest's global fleet capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Membertou First Nation and Horizon Naval Engineering do?

Membertou First Nation is an Indigenous community in Nova Scotia, focused on economic development. Horizon Naval Engineering specializes in marine engineering and design. Together, they aim to expand their portfolio in the marine sector. It is privately held, operating in Artificial Intelligence, and is based in Nova Scotia.

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