Saab Acquiring Two Swedish Shipyards

Sweden’s Saab on Thursday said it is acquiring two compatriot shipyards, one a producer of small combat and patrol boats and the other a ship repair yard, in a deal aimed at enhancing its naval product offerings.

Terms of the acquisitions, which are expected to close on Dec. 29, were not disclosed. The two businesses combined have about $30 million in annual sales and 80 employees.

Dockstavarvet's Combat Boat 90 H aluminum fast assault craft can carry 20 soldiers and cargo at speeds more than 20 knots. Photo: Dockstavarvet

Dockstavarvet's Combat Boat 90 H aluminum fast assault craft can carry 20 soldiers and cargo at speeds more than 20 knots. Schematic: Dockstavarvet

The deals include N. Sudin Dockstavarvet AB, which produces high-speed aluminum combat and patrol boats for military and civil customers. Muskovarvet is a full service ship repair yard located at Sweden’s Musko naval base, serving the country’s amphibious forces. Dockstavarvet has delivered more than 200 boats on three continents.

“Through the acquisitions, Saab will strengthen its product portfolio within surface vessels as well as enhance its capacity for support and maintenance at the Musko naval base,” Gunnar Wieslander, senior vice president and head of Saab’s naval business, Kockums, said in a statement. “Saab’s global presence will also facilitate marketing and future exports for the Dockstavarvet products.”

Wieslander told Defense Daily via an email response to questions that “The repair activities in the navy base are also increasing the flexibility in our offering. Uptime is a key requirement from our customers and a key priority for Saab Kockums.”





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