Damen acquires Swedish shiprepair yard

Dutch shipbuilding group Damen Shipyards has acquired the shares of Swedish ship repair and maintenance yard Oskarshamnsvarvet – but current operations will continue at the yard.

The Oskarshamnsvarvet repair yard in Sweden – now part of the Damen Shipyards group

The yard, at Oskarshamn, specialises in maintenance and repair of vessels up to 80m and since 1863 has built, repaired and maintained a substantial part of the Swedish coastal fleet.

René Berkvens, cheif executive officer at Damen Shipyards, said: “The takeover of Oskarshamnsvarvet fits right into our strategy to increase Damen’s network of ship repair yards in Europe. Moreover, Oskarshamnsvarvet is a solid base from which we can provide services to existing and new (Swedish) clients.”

The yard has a floating dock,a slipway, and a 100 tonne portal crane. In addition to shiprepair, the company is active in industrial activities, such as specialised crane assembly and the production of special purpose containers. Oskarshamnsvarvet employs about 60 people and has been profitable over the past few years.

Damen now has two Swedish repair yards: Oskarshamnsvarvet on the east coast and Damen Shiprepair Götaverken on the west coast. The group operates nine ship repair and conversion yards along the North Sea coast and three repair yards in the Middle East.