Charles Taylor Limited agreed to acquire Cosulich Group in October 2020. Under the terms Charles Taylor will acquire Lab Cosulich Consultants (LCC) and CMC Marine (CMC), together, the Cosulich group. The acquisition is expected to be completed by the end of December 2020. The Cosulich Group will form a core part of Charles Taylor Marine Technical Services. Riccardo, Gustavo and Diego Cosulich will join Charles Taylor and will continue to lead the Cosulich Group business. Charles Taylor Limited completed the acquisition of Cosulich Group in March 2021.