Excel-Quintana (M&A)

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Timagenis Law Firm acted as global legal advisors to Excel Maritime Carriers Ltd. (NYSE: EXM) on the acquisition of Quintana Maritime Limited (NASDAQ:QMAR), a combination of cash and stock deal overall worth US$ 2.45 Billion in enterprise value, making it the largest M&A deal in the history of dry bulk industry. Quintana became a wholly owned subsidiary of Excel and at the time the transaction was consummated the combined company fleet increased to 47 vessels and Timagenis Law Firm worked in conjunction with law firm White & Case LLP (see official press release at Excel Maritime Carriers website).

Excel-quintana Press Release