OCEA Group News
The Wight Shipyard Co. announces merger with multinational shipbuilder OCEA
Britain’s foremost aluminum shipbuilder, The Wight Shipyard Co. announces an all-share merger with the complementary multinational shipbuilder OCEA to create a combined group to capitalise on the fast ferry and offshore renewable energy markets opportunities. The deal is scheduled to complete by March 2022 and will see The Wight Shipyard Co. nearly double in size, providing significant employment opportunities at the East Cowes yard. Transformational deal Speaking about the merger, Pete...