Thomson Geer is advising leading marine and subsea services company MMA Offshore (ASX:MRM) on its proposed acquisition by Cyan Renewables for A$1.03 billion.
MMA operates 20 vessels around the world supporting energy and offshore renewables projects, governments and other coastal infrastructure. The company is based in Perth, Western Australia, with offices in Singapore, Taiwan, Malaysia, Dubai and the United Kingdom.
Cyan Renewables is Asia's first dedicated offshore wind vessel operator based in Singapore and owned by Seraya Partners, an infrastructure fund focused on energy transition and digital infrastructure.
Thomson Geer is advising MMA on all aspects of the transaction which will see Cyan acquire all of MMA's shares by way of scheme of arrangement. This includes implementation, the court approval process, diligence, tax and Foreign Investment Review Board advice.
The Thomson Geer team consisted of Partners Hedley Roost, Michael Bowen and Cameron Forbes, Special Counsels Cameron Bill, Helen Jin, Associate Lawrence Ward and Lawyer Imogen Farmer.