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Oceanpact and CBO merge to create stronger entity

Sep 17, 2026

Acquiring Company

Oceanpact

Acquired Company

Grupo CBO

BrazilBrazilEnergyOil And GasLogisticsOil And GasLogisticsFleet Management

Description

Oceanpact and Grupo CBO have completed their merger following approval from Brazil's CADE. The merger was announced in March 2026 and enhances the combined entity's fleet and operational capabilities. The deal is expected to improve cash generation and increase dividend distribution potential. Flavio Andrade will lead the new executive management team.

Quick answer

Oceanpact is acquiring Grupo CBO, announced September 17, 2026. Oceanpact is based in Brazil.

How much did Oceanpact pay for Grupo CBO?
The deal value was not disclosed.
What does Oceanpact do?
Founded in 2007, Oceanpact specializes in environmental management, subsea operations, and offshore logistics.
Where are Oceanpact and Grupo CBO based?
Oceanpact is based in Brazil. Grupo CBO is based in Brazil.

Source: Fundz verified event record.

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Company Information

Company

Oceanpact

Location

Brazil

About

Founded in 2007, Oceanpact specializes in environmental management, subsea operations, and offshore logistics. The company has a fleet of 73 vessels and generates annual revenue exceeding US$778 million. It operates with around 5,000 employees and focuses on creating value through operational integration and synergies.

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Frequently asked

Who acquired Grupo CBO?

Grupo CBO was acquired by Oceanpact, based in Brazil. The deal was reported on September 17, 2026. Founded in 2007, Oceanpact specializes in environmental management, subsea operations, and offshore logistics. The company has a fleet of 73 vessels and generates annual revenue exceeding US$778 million. Oceanpact is privately held and operates in Energy.

When did Oceanpact acquire Grupo CBO?

Oceanpact's acquisition of Grupo CBO was reported on September 17, 2026. Oceanpact and Grupo CBO have completed their merger following approval from Brazil's CADE. The merger was announced in March 2026 and enhances the combined entity's fleet and operational capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Grupo CBO do?

Grupo CBO is one of Brazil's leading offshore shipowners. The company has an established reputation in the offshore shipping industry. Following the merger, it becomes part of a larger entity that aims to enhance fleet and operational capabilities. It is privately held, operating in Oil And Gas, and is based in Brazil.

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