Last September, when Meyer Werft purchased the majority of the STX Europe yard in Turku, the Finnish government retained an investment of 30% of the shares. Meyer had the option to take the rest of the shares at a future date if they chose. The German company has decided to acquire the remainder of the company.
In announcing the decision, Jan Meyer, CEO of Meyer Turku, said that the acquisition is “a sign of confidence that we can make Turku shipyard a long term shipbuilding success.”
The complete story appeared in the April 15 edition of Cruise News Daily.