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    Bergen Group aiming to sell shipbuilding division

    Company News // July 3, 2013

    Bergen Group in Norway says it is "in the final phase of clarifying a possible external ownership" of the group's shipbuilding division.

    In a statement, the company said: "The final discussions with an international industrial group are considered constructive, and are expected to finalize during this summer.

    "The two parties are working on a basis of a previously signed memorandum of understanding (MoU) that opens up for the new external part to become a major shareholder in the group's shipbuilding division.

    "This division is currently a wholly owned subsidiary of Bergen Group ASA, and includes the two newbuilding yards Bergen Group Fosen and Bergen Group BMV."

    It has been widely reported that The Netherlands-based Damen Group has been in discussion with the Norwegian company.



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