Pre-conditional voluntary offer made for Deltamarin parent company shares

Pre-conditional voluntary offer made for Deltamarin parent company shares

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China Merchants Industry Investment Limited (CMI) has made a pre-conditional voluntary offer for the entire shareholding interest of Deltamarin’s parent company AVIC International Maritime Holdings Limited (AIMH) (see the announcement issued by CMI). CMI is a subsidiary of the China Merchants Group (CMG). The eventual transaction is based on AVIC Group’s strategic decision to focus on aviation business only.

For our customers nothing changes. After the eventual closing of the transaction concerning only the parent company, Deltamarin’s employees will still own 20.43% of our company shares. The existing operations with the same management and personnel will continue as they are, and the business will remain independent keeping the name and the brand of Deltamarin unchanged. We will in any case continue providing state-of-the-art designs with the discretion that Deltamarin has always shown in operating with almost all major players in our field.

“We believe that this eventual transaction would be very positive for Deltamarin and it would further strengthen our position as a leading ship design company. The new owner of our parent company would also enable Deltamarin to develop independently in the long term and continue offering design and consulting services for our customers globally. We also see an oppotunity to gain new customers through CMI,” says Janne Uotila, Deltamarin’s Managing Director.

For more information, please contact

Janne Uotila Deltamarin
Janne Uotila
Managing Director
Tel. +358 2 4336 377
Mobile +358 40 7739 780
China Merchant Group in brief:
CMG is a state-owned conglomerate headquartered in Hong Kong with three core business sectors of transportation, finance and property. Its maritime-related business, which is centralised within CMI, covers ports, shipping, shipbuilding and the design business.
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