570
Views

Blue Water Energy Invests in UMG

Published Jul 16, 2014 1:45 PM by The Maritime Executive

Unique Maritime Group (UMG), one of the world’s leading integrated turnkey subsea and offshore solutions provider, is pleased to announce a pivotal strategic equity investment from Blue Water Energy.

The new partnership will allow UMG to accelerate its growth plans through additions to its Rental fleet, as well as through further acquisitions, to expand the product & service offering and geographic distribution. 

On this occasion, Harry Gandhi, CEO at Unique Maritime Group commented, “Blue Water Energy is a strong partner for this important growth phase of our business. From the outset, the team at Blue Water Energy has understood our strategy and vision and we are confident that with their industry experience and network, they can strongly support UMG’s expansion plans.”

Tom Sikorski, Partner at Blue Water Energy further added, “We are very excited to have been given the opportunity to work with Harry and his team. The partnership with UMG continues our investment strategy of working with founder owners building international energy companies. Harry and his team have a very successful track record to date and we see significant growth opportunities – both organically and through acquisitions - for UMG across its international network.”

The products and services herein described in this press release are not endorsed by The Maritime Executive.