The company was bought in 2002 by a group of German investors under the industrial leadership of the German shipyard Howaldtswerke-Deutsche Werft (HDW), later a subsidiary of the German ThyssenKrupp Marine Systems.
The company was bought in 2002 by a group of German investors under the industrial leadership of the German shipyard Howaldtswerke-Deutsche Werft (HDW) of the German ThyssenKrupp Marine Systems. This was later a subsidiary.