Aker Arctic, world’s leading company specialized in the design of icebreakers and ice-going vessels, is meeting the growing demand for icebreakers by acquiring Bluetech, its Finnish long-time ship design partner. Both companies will continue to operate under their own brands.
Under the agreement signed today, Aker Arctic Technology Inc (“Aker Arctic”) and Bluetech Finland Ltd (“Bluetech”) will transfer to the ownership of Arctic Marine Technology Group Oy, an entity established for the purpose of owning the companies. Arctic Marine Technology Group is owned by Finnish Industry Investment (Tesi) and ABB, the current shareholders of Aker Arctic.
“The merger of two top players in ship design into the same Group will strengthen Finnish icebreaker expertise and the growth opportunities of the maritime industry. Together, Aker Arctic and Bluetech will form a globally significant player capable of meeting the unprecedented opportunities in the icebreaker business,” says Jussi Hattula, Director of Industrial Investments at Tesi.
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