Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Fosen Yard to become the majority shareholder of Nordseewerke
October 18, 2018

Norwegian Fosen Yard, together with the investment group around Deutsche Industrieanlagen and Patrick Hennings-Huep, the previous owner of Nordseewerke Emden Shipyard, has entered into an agreement to establish Fosen Nordseewerke GmbH. Following the deal, Fosen Yard will own 51% of the shares in Nordseewerke. Nordseewerke has built more than 620 ships over the last century within the areas of commercial, cruise- and navy vessels.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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