Navantia Acquires Assets of Harland & Wolff, Legendary Titanic Shipyard

Deal News | Feb 04, 2025 | Finance Community ES 2 - Corporate M&A

Navantia Acquires Assets of Harland & Wolff, Legendary Titanic Shipyard

Navantia, a Spanish shipbuilding company, has acquired the assets of Harland & Wolff, the renowned shipyard known for constructing the Titanic. Alantra acted as the exclusive M&A advisor in this transaction. The acquisition was managed through Navantia's UK subsidiary and secures around 1,000 jobs that were previously at risk, while ensuring the continuation of building three logistic ships for the UK government. This deal is pivotal for Navantia's strategic plans in the UK and showcases Alantra's adeptness in handling intricate transactions involving both public and private entities. Harland & Wolff operates facilities in Belfast, Arnish, Methil, and Appledore, serving the maritime and offshore sectors. Navantia's business encompasses advanced shipbuilding, naval repair and services, defense systems, and green energies. Key members of the Alantra team involved in the transaction include Carlos Rodríguez-Viña, Miguel Hernández, Humberto Salas, Fátima San Román, and Álvaro Ferrer Rodríguez-Cano.

Sectors

  • Shipbuilding
  • Maritime
  • Defense

Geography

  • Spain – Navantia is a Spanish shipbuilding company, making Spain relevant to this acquisition.
  • United Kingdom – The assets of Harland & Wolff are located in the UK, and the acquisition involves a UK subsidiary of Navantia.

Industry

  • Shipbuilding – This industry involves the construction of ships and other floating vessels, which is central to Navantia's operations and the assets of Harland & Wolff.
  • Maritime – Harland & Wolff operates in maritime services, which includes building ships, thus contributing to the maritime industry.
  • Defense – Navantia focuses on technologically advanced ships for military purposes, making it a key player in the defense sector.

Financials

    Participants

    NameRoleTypeDescription
    NavantiaAcquiring CompanyCompanyA Spanish shipbuilding company focused on civil and military naval construction.
    Harland & WolffTarget CompanyCompanyA shipyard company famous for building the Titanic, involved in maritime and offshore industries.
    AlantraAdvisorCompanyA firm providing exclusive M&A advisory services, involved in this transaction.
    Carlos Rodríguez-ViñaAdvisorPersonManaging Partner at Alantra, involved in advising the transaction.
    Miguel HernándezAdvisorPersonManaging Partner and Executive Chairman of Alantra Investment Banking, involved in advising the transaction.
    Humberto SalasAdvisorPersonVice President at Alantra, involved in advising the transaction.
    Fátima San RománAdvisorPersonAssociate at Alantra, involved in advising the transaction.
    Álvaro Ferrer Rodríguez-CanoAdvisorPersonAnalyst at Alantra, involved in advising the transaction.