Stratrix
On the Record · Atlas

Atlas acquisitions, on the record

The businesses Atlas bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Apple Bidco Limited and its wholly-owned subsidiaries, including APR Energy Limited
Word for word“On February 28, 2020, Atlas Corp. acquired Apple Bidco Limited and its wholly-owned subsidiaries, including APR Energy Limited (“APR Energy”).” 20-F for 2022
acquisitionFebruary 28, 2020—
Poseidon Acquisition Corp. (Poseidon) and Poseidon Merger Sub, Inc.
Word for word“Subject to the satisfaction or waiver of the remaining closing conditions set forth in the Merger Agreement, the Merger is expected to close in the first half of 2023.” 20-F for 2022
merger——
10 vessels sold by Seaspan
Word for word“During the year ended December 31, 2022, Seaspan sold 10 vessels for gross proceeds of $257.1 million and recognized a loss on sale of $4.0 million.” 20-F for 2022
divestitureDuring the year ended December 31, 2022$257.1 million
Poseidon Acquisition Corp.
Word for word“Each common share outstanding prior to the Merger, other than common shares contributed to Poseidon immediately prior to the consummation of the Merger by Fairfax, Washington, the Chairman and the Company’s chief executive officer, was converted into the right to receive $15.50 per common share in cash.” 20-F for 2023
merger—$15.50 per common share in cash
Apple Bidco Limited, which owns 100% of APR Energy
Word for word“On February 28, 2020, after the reorganization, Atlas completed the acquisition of all the issued and outstanding common shares of Apple Bidco Limited, which owns 100% of APR Energy.” 20-F for 2023
acquisitionOn February 28, 2020—
two secondhand vessels
Word for word“This increase was partially offset by a decrease in our mobile power generation segment driven by site demobilizations and an associated decrease in repair expenses.” 20-F for 2023
acquisition——
one 4,250 TEU vessel sold to ONE
Word for word“We also sold one 4,250 TEU vessel to ONE and we continue to manage the ship operations of the vessel.” 20-F for 2023
divestiture——
mobile power generation business of APR Energy
Word for word“On December 31, 2024, Atlas completed the sale of the assets of its power generation business which was held by APR Energy (the “APR Asset Sale”).” 20-F for 2024
divestitureOn December 31, 2024—
mobile power business of APR Energy
Word for word“APR Asset Sale On November 19, 2024, the Company (and certain of its subsidiaries) entered into an Asset Purchase Agreement pursuant to which the Company agreed to sell to a third party purchaser and assume certain liabilities of the mobile power business including mobile gas turbines, balance-of-plant inventory and trademarks for an aggregate cash purchase price of $375.0 million.” 20-F for 2024
agreed divestitureOn November 19, 2024$375.0 million
Apple Bidco Limited (APR Energy)
Word for word“On February 28, 2020, after the reorganization, Atlas completed the acquisition of all the issued and outstanding common shares of Apple Bidco Limited, which owns 100% of APR Energy.” 20-F for 2024
acquisitionOn February 28, 2020—

Read from Atlas’s annual reports (20-F for 2024, 20-F for 2023, 20-F for 2022) and the financial data it files with the SEC, as of 2025-03-14. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.