Split (Croatia) - Croatia's DIV Group, which owns the Brodosplit shipyard in Split, is set to buy Kleven Verft, a Norwegian shipbuilding company specializing in the construction of offshore and cruise vessels.
DIV has signed an agreement to buy the Norwegian company based in Ulsteinvik, with the deal is expected to be executed in the next few weeks, Kleven said Monday.
"Through a difficult period, we have managed to deliver fantastic ships, as well as exploit the high competence at the shipyard. Now we, together with new owners, will think long-term and develop further," said Kjetil Bollestad, CEO at Kleven. "This will be a new and exciting era for all Kleven employees."
"We are very pleased to have signed this agreement which opens up the opportunity for cooperation between two long and successful shipbuilding traditions," said Tomislav Debeljak, owner and CEO of DIV Group.