Navantia has completed the acquisition of UK shipbuilders Harland and Wolff’s facilities in Belfast, Appledore, Methil and Arnish.
"Under Navantia UK’s management, all four facilities will benefit from extensive expertise in shipbuilding, fabrication and complex programme management, supporting both a highly skilled workforce and robust supply chain," said Navantia.
The transaction ensures the continuation of the fleet solid support (FSS) programme, comprising three ships for the Royal Fleet Auxiliary to support the UK Carrier Strike Group.
These vessels will be built at the Belfast and Appledore facilities alongside Navantia’s facilities in Spain. Navantia UK said it plans significant development of the yards for the defence, maritime and green energy sectors.
“The completion of this acquisition marks a significant milestone for Navantia UK and demonstrates our long-term commitment to UK industry," said Ricardo Domínguez, Chairman of Navantia.
"By combining Harland and Wolff’s proud heritage and facilities with Navantia’s global expertise in defence, maritime and renewable energy, we are creating an exceptional platform for growth.”
The transaction has received all necessary regulatory approvals. All current employees have transferred to Navantia UK with their existing terms and conditions preserved.