Ulstein Acquires West Maritime Engineering Ops

(Press Release)
Friday, April 15, 2011

The engineers at West Maritime have become a part of the Design & Solutions business area at ULSTEIN, in connection with a strategic effort to strengthen the engineering area.

“Engineering is an important focus for Design & Solutions, as it ties together what we do in design with what we do in terms of delivery and integration of equipment packages”, says Tore Ulstein, COO for the business area.

West Maritime are engineering professionals, and ULSTEIN acquires the consultancy services in this company. Responsible for Engineering in Design &Solutions, Richard Schofield, comments that the purchase of the engineering operation at West Maritime is an integral part of their engineering strategy. “We are striving to build one of the best maritime engineering teams in the world. The individuals from West Maritime will add significant depth to our knowledge and capability and provide us with the platform to improve on the contracts we already have, and on future contracts.

Director Solutions, Roar Stenersen, explains that their company has had a long-lasting relationship with West Maritime:
“We have cooperated for long periods of time, as West Maritime employees have been hired staff to follow up on external engineering projects. They have worked closely with ULSTEIN, and know our products and our organisation.”

Svein Frode Eggesbø, chairman of the board at West Maritime, believes that the acquisition is a good solution for their company. “We share ULSTEIN´s beliefs in the future. The focus on the external engineering resources is the right choice for future strength, and I strongly believe in the organization that we are now developing”, says Eggesbø.

Engineering is important in all business areas at ULSTEIN. In addition to the engineering teams at Design & Solutions, there is a large engineering department in Shipbuilding, and engineering teams in Power&Control.

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