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CMISA posted an articleSolidifies Davie’s position as the global leader see more
As the 40-member delegation from the Davie Supplier Association, now known as Naval Québec, arrived in Finland for a week-long mission, it opens exciting partnership opportunities between the Finnish and Québec shipbuilding industries. This initiative holds the promise of collaborative ventures and shared advancements in maritime technology, Business Finland stated.
The acquisition of Helsinki Shipyard by Davie in 2023 has solidified Davie’s position as the global leader in constructing environmentally friendly ships designed for operation in the harshest environment on Earth—the Arctic. This strategic move not only fosters synergies between Québec and Finland but also elevates their stature as premier hubs of naval innovation and expertise.
Moreover, the robust relationship between Davie and Helsinki is poised to create opportunities for suppliers, foster collaboration, facilitate the transfer of know-how, provide access to resources, and boost export potential.
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CMISA posted an articleAn historic transaction see more
Davie today announced it has finalized the acquisition of the assets of Finland’s Helsinki Shipyard Oy (HSO). The historic transaction combines the skills, experience and capabilities of two leaders in Arctic shipbuilding and other high-value products. While the Canadian and Finnish shipyard will be separate legal and operating entities, the business headquarters will remain in Québec. The transaction will create opportunities for employees, encourage collaboration, facilitate the transfer of know-how, provide access to resources, and stimulate export potential.
View Full Press Release https://www.davie.ca/news/davie-completes-purchase-of-the-assets-of-helsinki-shipyard/Here
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CMISA posted an articleThis would combine two historic and highly complementary businesses see more
Chantier Davie Canada Inc. of Lévis, Quebec has announced the exercise of its exclusive option to purchase the assets of Finland’s Helsinki Shipyard Oy (HSO) in a move aimed at creating a leading international hub for Arctic shipbuilding. Exercising the option to purchase does not mean an acquisition is completed. It is subject to the successful execution of thorough due diligence, including financial, regulatory and legal considerations, as well as final decision making by Davie, stated a press release.
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