Bergen Group Eyes External Owner for Its Shipbuilding Division

Bergen Group Eyes External Owner for Its Shipbuilding Division

Bergen Group is now in the final phase of clarifying a possible external ownership in the group’s shipbuilding division. The final discussions with an international industrial group are considered constructive, and are expected to finalize during this summer.

The two parties are working on a basis of a previously signed memorandum of understanding (MoU) that opens up for the new external part to become a major shareholder in the group’s shipbuilding division. This division is currently a wholly owned subsidiary of Bergen Group ASA, and includes the two newbuilding yards Bergen Group Fosen and Bergen Group BMV.

As claimed by various media, Bergen Group has been in talks with the Netherlands-based Damen Group on the acquisition in question.

[mappress]
Press Release, July 3, 2013