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Largest ever ship management merger
An international law firm has advised on the largest ever merger of ship management companies between Anglo-Eastern Ship Management Group and Univan Ship Management Group.
Lara Bullock
Kevin Martin Clyde & Co
Firms: Clyde & Co (Anglo-Eastern Ship Management Group); Howse Williams Bowers and Lea & White (Univan Ship Management Group)
Area: M&A
Key Players: The Clyde & Co team was headed by corporate counsel Kevin Martin (pictured) and shipping and finance partner Conor Warde.
Deal Significance: The merging of Anglo-Eastern Ship Management Group and Univan Ship Management Group is the largest ever merger of independent, third-party ship management companies.
The merge has resulted in a new entity called the Anglo-Eastern Univan Group.
The Anglo-Eastern Ship Management Group was already placed in the top three global ship management companies, but following the merge the Anglo-Eastern Univan Group is an industry leader with over 1,700 shore-based staff, 24,000 seafarers, 600 ships under full management, and 100 ships under crew management only.
