The family behind United States-based marine services provider Edison Chouest Offshore, in partnership with a Bollinger executive, have acquired all assets and stock of Bollinger Shipyards.
Following the acquisition, it was announced that Ben Bordelon would assume the duties of Chairman, President, and CEO of the Louisiana-based company.
Mr Bordelon is a descendant of the founder of Bollinger Shipyards and has served as a board member for more than a decade. He succeeds his uncle, Donald Bollinger, and cousin, Chris Bollinger.
Further details of the transaction – such as sums paid or the ownership structure between Mr Bordelon and the Chouest family – have not been revealed thus far.
