PSA Marine’s acquisition of 45% stake Meyer’s Tugs in Panama

Acted for PSA Marine (Pte) Ltd and its wholly-owned subsidiary, PSAM Americas Pte Ltd, in relation to the acquisition by PSAM Americas of a 45% stake in Meyer’s Tugs S.A., an entity headquartered in Panama offering towage services between the Pacific and Atlantic coast. This Acquisition is PSAM’s first investment in Central America and marks its second investment in Latin America . Partner Evelyn Wee from Rajah & Tann Singapore led the transaction. Partner Evelyn Wee led the transaction.