Marine Link
Monday, December 5, 2016

Aker Yards, Kleven Finalize Agreement

August 9, 2006

Aker Yards finalized the transaction with Kleven Maritime to acquire Kleven Florø AS and Kleven Design AS. Aker Yards has acquired Kleven Florø and Kleven Design at a price of approximately $9.7m including debt, and will compensate for working capital in excess of zero. In addition there will be further payments based on performance on existing order backlog and new orders in the coming three years. The order intake part of the payments is capped at $5.8m. The turnover of Kleven Florø and Kleven Design was $56.8m in 2005. The orderbook today consists of one juice tanker and two chemical tankers at a total value of approximately $211m.


 
Maritime Reporter Magazine Cover Nov 2016 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News