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Safety Towage and Salvage Finance

Aurelius partners Ardent management team in buyout of salvor

The financial terms of the deal have not been disclosed and closing is subject to approval by the German antitrust authorities, said Ardent and Aurelius in a joint statement

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Deal appears to signal a step back from salvage for co-founder Svitzer and Crowley

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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