SEAPEAK Completes Acquisition of EVERGAS

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Hamilton, Bermuda – Seapeak LLC (Seapeak) has announced that it has completed the previously announced acquisition of Greenship Gas Trust and Greenship Gas Manager Pte. Ltd. and their subsidiaries (collectively, Evergas) from Jaccar Holdings in an all-cash transaction with an enterprise value of approximately $700 million.

With the acquisition complete, Evergas will rebrand and operate as a wholly-owned subsidiary of Seapeak.

Evergas is a Danish shipping company with roots back to 1883, owned by Greenship Gas & Jaccar Holdings, considered as one of the world’s leading seaborne transporters of petrochemical gases and natural gas liquids.

 

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