Meyer Werft has taken a 70% slice of the company in a deal that sees Finland hold the remainder.
Jan Meyer, managing partner of Meyer Werft, explained: “This acquisition will strengthen the yards in Papenburg, Turku and Rostock. With joining forces with Turku we can offer more flexibility to our customers.
“In addition both shipyards respect each other for their high level of professionalism and thus can learn a lot from each other in order to improve their working processes or to join forces on research & development.
“We
