Mergers, Acquisitions & Exits

Suez Canal Authority expands yacht involvement with shipyard purchase

>> , by David Robinson2022-12-22T14:55:00

South Red Sea Shipyard

Acquisition of South Red Sea Shipyard to be completed shortly

The Suez Canal Authority (SCA) is currently in the process of acquiring the South Red Sea Shipyard in Safaga, Egypt, which has experience in superyacht builds, repair and maintenance.

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