Turkish shipbuilder, Tersan Shipyard, has acquired Havyard Leirvik Shipyard, a Norwegian EQVA group company.
This acquisition is expected to strengthen Tersan Shipyard’s position both in Northern Europe and in the global shipbuilding industry, the company said. Tersan builds ferries and small cruise ships and other specialised vessels.
The deal will enable both yards to combine their expertise, knowhow, customer portfolio and provide more attractive services for the building of wider range of high quality vessels, after sales services and also for general ship maintenance activities.
“We are very excited to announce the acquisition of Havyard Leirvik Shipyard,” said Ahmet Paksu, Tersan’s Board Vice Chairman. “We believe that the acquisition of Havyard Leirvik Shipyard is a significant step forward for Tersan Shipyard.
“We have already been collaborating with Havyard Leirvik on project base cases to some extent. It has always worked well and showed promising signs for a potential more expanded partnership.
“By combining our expertise and resources with those of Havyard Leirvik Shipyard, we are confident that we will be able to achieve our long-term goals and strengthen our position in the global shipbuilding industry. Thanks to EQVA and Havyard Leirvik for their support to provide a smooth transition between the companies,” he said.
“We are looking forward to becoming part of Tersan Shipyard. It is a highly reputable company with a good standing in international shipping and maritime circles, and with a clear ambition to further strengthen its position in Northern Europe with Havyard Leirvik as stepping stone,” added Tor Leif Mogstad, Havyard Leirvik CEO.
The acquisition and all of the regulatory procedures were completed on 20th November.