# Neptune Americas acquires 51% of Brazil's Natec Equipamentos

Neptune Brasil & Marine, a subsidiary of Houston-based Neptune Americas & Marine, agreed to acquire 51% of Brazilian engineering and equipment maker Natec Equipamentos as of July 1, 2023. Natec will operate as Natec Equipamentos Ltda – A Neptune Marine Company.

- Type: Acquisition
- Announced: 2023-07-12
- Where: Brazil
- Status: completed
- Products: engineering solutions, special equipment for oil and gas and shipbuilding, mechanical, hydraulic and automation systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Neptune Americas & Marine](https://endata.com/companies/10783.md) (acquirer)
- [Natec Equipamentos](https://endata.com/companies/10784.md) (target)

## Sources

- [dredgewire.com](https://dredgewire.com/neptune-americas-announces-51-acquisition-of-brazils-natec-equipamentos/), 2023-07-12: "Neptune Brasil & Marine Corporation... has reached an agreement with Natec Equipamentos Ltda to acquire 51% of its shares as of July 1, 2023."

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