# SAL Heavy Lift acquires major stake in Intermarine

SAL Heavy Lift has acquired a major stake in Intermarine, combining their heavy lift shipping operations in the Americas and for cross-Atlantic trade. Intermarine will operate as an independent brand within the SAL Heavy Lift Group.

- Type: Acquisition
- Announced: 2020-10-07
- Where: Houston, United States
- Status: announced
- Products: heavy lift shipping services, breakbulk shipping services

## Companies

- [SAL Heavy Lift](https://endata.com/companies/10037.md) (acquirer)
- [Intermarine](https://endata.com/companies/32210.md) (target)

## Sources

- [dst.news](https://dst.news/news/sal-acquires-major-stake-in-intermarine-and-expands-its-business-in-the-americas/), 2020-10-06: "The joining of Intermarine with the SAL organization is a perfect matching of two companies which share the same basic set of values and business philosophy yet with a different fleet of vessels, resources and outreach."

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