Damen Shipyards Group acquires Shipdock

press release
Friday, February 8, 2013

As of this week, Damen Shipyards Group is the new owner of Dutch ship repair yard Shipdock. Shipdock, a well-known shipyard group with roots dating back to 1877, operates facilities in Amsterdam and Harlingen.

The yard will continue its ship repair and conversion services, with Shipdock Harlingen servicing ships up to 120 m and Shipdock Amsterdam servicing vessels up to 250 m. Furthermore, its personnel and management will remain in place, guaranteeing a seamless transition of the yard into the Damen Shipyards Group, which currently consists of more than 50 shipyards, repair & conversion yards and related companies.

René Berkvens, CEO Damen Shipyards Group, says: “The Shipdock yards bring added value to Damen, both separately in their own markets and regions and as a whole – together they have ample experience in shipbuilding, ship repair, conversion and steel construction. Damen is an established player in the shiprepair industry and we are determined to become even better. That’s why we’ve recently founded a new division, Damen Shiprepair & Conversion, in which all our repair yards will be represented and organised efficiently.”

“Shipdock and its 130 employees are welcomed most heartily within our repair & conversion division.  The integration into Damen can only be done with a motivated workforce. I, for my part, am confident that they will live up to their motto: ‘Going the extra yard’!“

Categories: Finance Mergers & Acquisitions Ship Repair & Conversion Ship Sales Shipbuilding

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