RINA has acquired the complete share capital of Foreship, a Finnish firm specializing in naval structure and marine engineering, from Vaaka Companions and firm’s managers.
The acquisition marks an extra growth of RINA’s marine engineering consulting providing worldwide, whereas strengthening its presence in Northern Europe.
Foreship, with 2024 revenues of €15.2 million is headquartered in Helsinki and employs over 90 professionals throughout eight places of work globally, together with the US, UK and Estonia. The corporate is greatest identified for its high-profile work in cruise ship design, energy-efficient vessel improvements and sustainable marine applied sciences.
“Foreship presents distinctive competence which is extremely appreciated by its purchasers,” mentioned Ugo Salerno, Government Chairman of RINA. “It brings an distinctive observe report and a depth of experience in naval structure that enhances our personal consulting engineering capabilities. Collectively, on a shared path of progress, we’ll ship even better worth to the worldwide delivery trade, advancing sustainability, digital innovation and ship lifecycle companies”.
Lauri Haavisto, CEO of Foreship, commented, “Foreship’s imaginative and prescient is to steer in sustainable passenger ship conversions, new builds and consultancy. Becoming a member of forces with a worldwide associate like RINA will speed up our progress, increase our data, and strengthen our consumer relationships, whereas persevering with to foster the shut collaboration we worth.”
In keeping with RINA’s governance and organizational mannequin, Foreship operations will probably be a part of RINA Consulting.
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