Offshore News – Finarge Armamento sold to Brazil in $94 million deal – August 2021

Finarge Armamento Genovese Srl was founded in 2008 as a subsidiary of the Italian company Finarge SRL, which was established in 1981 by Italy’s Rimorchiatori Riuniti S.p.A. was sold to Brazil offshore vessel operator CBO as agreed in August, 2021. The total payment amounts to $94.4 million. As outlined in the investment agreement signed by CBO […]