By
Rebecca Gibson |
Palumbo Group has acquired Croatia’s Viktor Lenac Shipyard to expand its reach in the ship repair and conversions market in the Mediterranean.
Viktor Lenac has been in operation for the past 122 years and is one of the main shipyards for ship repair and modification in the Mediterranean. The company will now join the Palumbo Group, which already has shipyards in Naples, Ancona, Messina, Savona, Italy; Marseilles, France; Tenerife, Spain; and Malta.
“The acquisition of Viktor Lenac offers a great opportunity for Palumbo Group to strengthen its presence in the Adriatic area and enrich its service offering ship repair, docking, refit and newbuild,” said Palumbo Group in a press release. “The Croatian yard brings to the group precious skills, experienced workforce and know-how.”