Tidewater completes acquisition of Wilson Sons Ultratug

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Go back to Tidewater completes acquisition of Wilson Sons Ultratug

Tidewater Announces Completion of Wilson Sons Ultratug Acquisition

August 31, 2026 4:11 PM EDT

HOUSTON--(BUSINESS WIRE)-- Tidewater Inc. (NYSE: TDW) (the Company) today announced the completion of its acquisition of Wilson, Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, WSUT), effective August 31, 2026.

Quintin Kneen, Tidewaters President and Chief Executive Officer, commented, We are pleased to announce the closing of the WSUT acquisition, and we are excited to welcome our new employees to Tidewater. The WSUT fleet of 22 PSVs is an excellent complement to the Tidewater fleet and further expands our leading global market position in OSVs. We are excited... More