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    Havyard Group sells Havyard Tomrefjord shipyard

    Yard News // November 22, 2010

    Havyard Group is selling all of its shares in the Havyard Tomrefjord shipyard. Several of the yard's managers, led by General Manager Øyvind Sævik, has acquired the yard from Havyard Group. Mr Sævik is now the main shareholder of the shipyard.

    "The background for this sale is Havyard Group's wish to move all of its shipbuilding activities to Havyard Leirvik. We have very good facilities at Havyard Leirvik for both current and future shipbuilding with a covered drydock. With this move Havyard can fully focus on shipbuilding in one place," said President and CEO Geir Johan Bakke of Havyard Group.

    The new name of Havyard Tomrefjord shipyard will be Tomrefjord Verft. The main focus for Tomrefjord Verft will be ship repair and building of smaller vessels.

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