Tuesday, October 16, 2012

[Equipment] Avic acquires Deltamarin

Avic acquires Deltamarin

China's Avic International has agreed to buy Finnish ship designer Deltamarin in a deal worth around EUR 32m.

Avic is to acquire 4,650 shares in Deltamarin, a 100% stake.

Avic said the acquisition would contribute to its growth strategy in shipping.

Deltamarin designs sustainable and energy-efficient vessels.



Published : October 15, 2012

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