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acquisitionAnnounced · Feb 11, 2026DredgingSource · CredibleArticle · Factual
Saltchuk acquires Great Lakes Dredge & Dock Co
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$1.5B
Target
Great Lakes Dredge & Dock Co
NASDAQ: GLDD · Houston, Texas
Acquirer
Saltchuk
Full Acquisition
Status
Pending
Saltchuk agreed to acquire Great Lakes Dredge & Dock Co. Reported deal value: $1.5B. Status: Pending. Sector: Dredging. Target headquarters context: Houston, Texas, United States.
This page summarizes publicly available information about the transaction as of 2026-02-11. Figures and status may change as filings and press coverage update.
Image courtesy GLDD Great Lakes Dredge & Dock Corporation and Saltchuk Resources , Inc. announced a definitive agreement for Saltchuk to acquire Great Lakes at an aggregate equity value of approximately $1.2 billion and a total transaction value of $1.5 billion
Deal timeline
Announced
Feb 11, 2026 · marinelink.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Dredging with a reported deal value of $1.5B. Figures and status may change as sources update.
Sources: marinelink.com · Primary article · FireStrike proprietary index