Acquiring Company
OceanPact
Acquired Company
CBO
BrazilBrazilEnergyOil And GasLogisticsOil And GasTransportationDescription
OceanPact and CBO have announced a merger to combine their offshore services in Brazil. The transaction, pending regulatory approval, will create a new company with a fleet of 73 vessels. CEO Flavio Andrade emphasized the merger's potential to unlock new opportunities and enhance operational capabilities.
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M&A Insights
Based on deal dataFrequently asked
Who acquired CBO?
CBO was acquired by OceanPact, based in Brazil. The deal was reported on March 4, 2026. OceanPact is a Brazilian shipping company that provides offshore support services and vessels for the oil and gas industry. OceanPact is privately held and operates in Energy.
When did OceanPact acquire CBO?
OceanPact's acquisition of CBO was reported on March 4, 2026. OceanPact and CBO have announced a merger to combine their offshore services in Brazil. The transaction, pending regulatory approval, will create a new company with a fleet of 73 vessels. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does CBO do?
CBO is a prominent player in the Brazilian offshore shipping sector, providing an array of support services for oil and gas exploration. The company is known for its robust fleet of vessels and its commitment to operational excellence. It is privately held, operating in Oil And Gas, and is based in Brazil.
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