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Eqva to Sell Havyard Leirvik Yard in Norway to Turkish Buyer

marinesalvage by marinesalvage
January 8, 2024
in Law & Regulations
0
Eqva to Sell Havyard Leirvik Yard in Norway to Turkish Buyer
Credit: Eqva

Credit: Eqva

Eqva, an proprietor of commercial service corporations, stated Monday it might divest Havyard Leirvik Yard in Norway to a Turkish purchaser.

“The sale of Havyard Leirvik will free up important resources, both human and financial, enabling a concentrated focus on further development of Eqva’s current industrial portfolio, and look for new investment opportunities,” stated Even Matre Ellingsen, Chair of the Board of Eqva.  

Havyard Leirvik is being offered to Tersan Shipyard, a Turkish-based shipbuilder. 

he transaction relies on a share sale, the place Eqva ASA is promoting its shares (100%) in Havyard Leirvik Holding AS, the place the subsidiaries Havyard Leirvik AS and Havyard Leirvik Eiendom AS are included. The transaction is settled by NOK 30 million in web money (presently round ~2,7 million).

“We are confident that Tersan will be a strong new owner for Havyard Leirvik, with a clear strategic interest in continuing its proud industrial tradition. As a leading player in the industry, Tersan has proven expertise and local knowledge from collaborating with a wide range of customers in maritime and aquaculture industries. For Eqva, it is important that we are leaving the yard in good hands,” says Matre Ellingsen. 

“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,” stated Tor Leif Mogstad, CEO of Havyard Leirvik.

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