Tidewater completes acquisition of Wilson Sons Ultratug

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

The acquisition adds a fleet of 22 platform supply vessels (PSVs) to Tidewater's existing offshore support vessel operations. Tidewater said the deal expands its presence in Brazil.

Quintin Kneen, Tidewater's President and Chief Executive Officer, said in a statement: "We are pleased to announce the closing of the WSUT acquisition, and we are excited to welcome our new employees to Tidewater."

Tidewater owns and operates offshore support vessels serving energy exploration, production, and offshore wind activities worldwide.

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