Aker to sell off Aker Yards holding
Norwegian-based Aker says it has decided to sell up to 40.1% of the shares in international shipyard group Aker Yards, the entire Aker holding.
“We will participate actively in the sales process for Aker's shares so that it is completed to the benefit of all Aker Yards shareholders,” says President and CEO of Aker Yards Karl Erik Kjelstad. He adds: “Our Norway-based, international company welcomes the opportunity to work alongside new shareholders to further develop Aker Yards.”
According to Kjelstad Aker Yards is growing and developing well. He says: “Profits are rising and the shipyard group's order backlog is at a historic high. In recent years, Aker Yards has strengthened its position as a leading international shipyard group, with a total of 17 yards in Norway, Finland, Germany, France, Ukraine, Romania, and Brazil. In addition, a modern yard for building offshore and specialized vessels is under construction in Vietnam” Leif-Arne Langøy, Aker Yards' Board Chairman, will step down Annual General Meeting on 29 March. As a consequence of the ownership change, Aker Yards will relocate its headquarters from Aker Brygge to other premises in the Oslo region. The company will not be making the planned move to Aker Hus, the new office complex currently under construction at Fornebu, just outside Oslo.
“We will participate actively in the sales process for Aker's shares so that it is completed to the benefit of all Aker Yards shareholders,” says President and CEO of Aker Yards Karl Erik Kjelstad. He adds: “Our Norway-based, international company welcomes the opportunity to work alongside new shareholders to further develop Aker Yards.”
According to Kjelstad Aker Yards is growing and developing well. He says: “Profits are rising and the shipyard group's order backlog is at a historic high. In recent years, Aker Yards has strengthened its position as a leading international shipyard group, with a total of 17 yards in Norway, Finland, Germany, France, Ukraine, Romania, and Brazil. In addition, a modern yard for building offshore and specialized vessels is under construction in Vietnam” Leif-Arne Langøy, Aker Yards' Board Chairman, will step down Annual General Meeting on 29 March. As a consequence of the ownership change, Aker Yards will relocate its headquarters from Aker Brygge to other premises in the Oslo region. The company will not be making the planned move to Aker Hus, the new office complex currently under construction at Fornebu, just outside Oslo.
