Tidewater Inc. confirmed the finalization of its acquisition of Wilson, Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A., collectively referred to as WSUT. The transaction was officially completed on August 31, 2026, according to a company announcement.

The acquisition integrates WSUT into Tidewater's operations, marking a significant development for the company. This move follows previous announcements regarding the intent to acquire these entities.

Quintin Kneen, who serves as Tidewater's President and Chief Executive Officer, was mentioned in the announcement regarding the completion of the acquisition.