Wildcat Defense, part of Wildcat Equity Partners, has agreed to acquire Fraser Industries, according to The Maritime Executive. The article describes investment plans for the operations after the acquisition closes; it does not report that closing has occurred.
Fraser Industries includes Fraser Shipyard in Superior, Wisconsin, Lake Assault Boats, Northern Engineering and Fraser Terminal. Wildcat says the business would retain its existing management as it pursues investment in the shipbuilding operations, the report adds.
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