Independent journal on economy and transport policy
04:25 GMT+1
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the German family Meyer will become only owner of the Finnish ship yard of Turku
In the next weeks the quota stopped 30% from the Finnish Industry Investment will be acquired
April 15, 2015
The German family Meyer, that it possesses the ship yard Meyer Werft di Papenburg, will have the entire property of the Finnish ship yard of Turku. Last summer the German navalmeccanica company had acquired from STX Europe 70% of the capital of the Finnish plant, while remaining 30% were found by the public society Finnish Finnish Industry Investment (FII) ( on 4 August 2014)
Being the investments realized from FII of temporary nature, the Finnish governmental society has announced the next cession of its quota in the yard of Turku, that it is time called Meyer Turku. In fact it is agreed that the Meyer family exercises the call option of which it arranges in order to buy the FII quota, operation that will be put into effect in the next weeks.
"Al moment of the acquisition - the managing director of Meyer Turku has remembered today, Jan Meyer - Meyer only operated ship yards in Germany and therefore the investment in Finland constituted an important and strategic step for us, that carefully it was estimated in all its implications. The acquisition, very coordinated with the Finnish government, us has been profitable possible to put into effect this strategic movement and is truly pleasing to the government for its precious contribution. More in general terms - it has added Meyer - I hope that our decision to acquire all the actions is perceived as a sign of confidence about the fact that we can in the long term make of the ship yard of Turku a history of success in the shipbuilding".
"We are pleased - the Finnish minister of the Economy has commented, Jan Vapaavuori - to see that the ship yard of Turku is being developed in positive way. Our involvement has been through an investment in the Finnish abilities, that is the yard and the strong marine cluster. He is comforting to state that Meyer is sharing our confidence and invests ulteriorly in the yard of Turku. From this the yard will draw benefit not only, but also the marine cluster and entire Finland. Meyer - he has emphasized the minister - has begun to large in Finland carrying numerous the new orders to Turku. I want to be congratulare with Meyer and the entire yard for the good start in Finland".
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