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Subsea Global Solutions Acquires Muldoon Marine Services

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By The Maritime Executive 11-05-2018 07:03:24

Subsea Global Solutions (SGS), the world’s leading commercial diving company, has today announced that it has acquired Muldoon Marine Services (Muldoon), a prominent local commercial diving firm based in Long Beach, California.

"This is an exciting day for the SGS family as this acquisition will further solidify our position as the market leader in underwater ship maintenance, repair and marine construction solutions both locally in California and abroad. " said Paul Peters, Chief Executive Officer of SGS. "Muldoon has been operating in the Long Beach area and nearby ports for 30+ years with a solid track record and an exceptional customer service history. After many years of competing against one another we are enthusiastic about the possibilities of joining forces to better serve all our clients.

Richard Barta, Founder and Managing Director of Muldoon added, "Our merger into SGS comes at the right time as we were evaluating the options on how to position Muldoon for future growth. We are excited to finally merge with our local friends and become part of their successfully growing network.”

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