We are pleased to share that Bhagwan Marine has entered into an agreement to acquire 100% of Riverside Marine Holdings (Riverside), with completion targeted for 31 March 2026.
Founded in Brisbane in 1926 by the Campbell family, Riverside specialises in the management and operation of approximately 30 diverse vessels, including nine owned, across five established brands.
The acquisition brings together two founder-led businesses with a strong strategic fit, complementary services and a commitment to operational excellence.
It’s a significant step-change in Bhagwan’s growth strategy, strengthening the Company’s position as a preferred marine solutions partner.
View the full ASX Announcement HERE
For more information on the acquisition, including business overviews, strategic rationale, transaction metrics and more, view the Investor Presentation HERE.
