Kership to buy STX France Lorient shipyard

first_img Authorities View post tag: KERSHIP Kership to buy STX France Lorient shipyard May 25, 2016 French shipbuilder STX France has decided to sell its Lorient shipyard to Kership, a joint venture company set up by French companies DCNS and Piriou in 2013.STX France said the decision was based on strong commercial setbacks and that the take-over should take place in fall this year.While the arguably most prominent naval vessel STX France built was the 199-meter Mistral-class ship, the Lorient site was specialized in the construction of ships up to 100 meters in length.The company said it had considered two proposals for the yard – one by Constructions Mécaniques de Normandie (CMN) and the other one by Kership.DCNS welcomed the acquisition saying that it reinforces the consolidation of the French naval shipbuilding industry.center_img Share this article Back to overview,Home naval-today Kership to buy STX France Lorient shipyard View post tag: STX Francelast_img read more