# Hilco and MCM acquire ESCO Marine assets, launch SteelCoast

Hilco Redevelopment Partners and MCM Marine Services completed a transaction to purchase the assets of ESCO Marine, a ship recycling and scrap processing company, and launched a new joint venture named SteelCoast. The deal closed on May 1, 2017.

- Type: Acquisition
- Announced: 2017-05-01
- Where: Brownsville, Texas, United States
- Status: completed
- Products: ship recycling, scrap processing
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Hilco Redevelopment Partners](https://endata.com/companies/24002.md) (acquirer)
- [MCM Marine Services](https://endata.com/companies/24003.md) (acquirer)
- [ESCO Marine](https://endata.com/companies/24004.md) (target)
- [SteelCoast](https://endata.com/companies/24005.md) (partner)

## Sources

- [modernmetals.com](https://www.modernmetals.com/13928-steelcoast-completes-purchase-to-save-ship-recycling-and-scrap-processing-complex.html), 2017-05-02: "Putting a deal together to acquire and relaunch this unique ship recycling and scrap processing business was complex."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.