Oaktree lifts Beluga Shipping with major investment

No details of the equity stake taken as part of the deal have been released, though Oaktree's principal investment strategy in Europe is typically to seek equity positions that result in substantial influence, control or total ownership.

Beluga, headed by founder/owner Niels Stolberg, is one of the world's largest operators of heavy-lift ships.  It operates a fleet of some 70 vessels that provide specialist cargo services as well as heavy-lift functions for the offshore wind farm and construction segments. 

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Julian Longhurst on +44 20 7004 7449 or julian.longhurst@incisivemedia.com

 

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• Topics
• Expansion
• Industrials
• DACH
• Oaktree Capital