Tersan Shipyard acquired Norwegian Havyard Leirvik Shipyard
Tersan Shipyard, leading shipbuilding company in Turkey, has acquired Havyard Leirvik Shipyard, one of the group companies of EQVA Norway. The acquisition is expected to strengthen Tersan Shipyard's position both in Northern Europe and in the global shipbuilding industry. Tersan Shipyard, leading shipbuilding company in Turkey, has announced the acquisition of Havyard Leirvik Shipyard, one of the group companies of EQVA Norway. The acquisition is expected to strengthen Tersan Shipyard's position both in Northern Europe and in the global shipbuilding industry.
This acquisition will enable both yards to combine their expertise, know-how, customer portfolio and provide more attractive services for the building of wider range of highquality vessels, after-sales services and for general ship maintenance activities. "We are very excited to announce the acquisition of Havyard Leirvik Shipyard," said Ahmet T. Paksu, the vice chairman of the board of Tersan Shipyard. “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, although such collaboration had beenonly 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.”
“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 steppingstone,” said Tor Leif Mogstad, CEO of Havyard Leirvik. The acquisition and all the regulatory procedures have been completed on 20th November.
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