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In 2009, Deltamarin management
started to plan for the next
generation shift of Deltamarin
ownership. Increasing the number
of shareowners would no longer
serve the company. This would lead
to a situation where the company ownership
would rapidly start to distance itself from
daily business operations, which did not align
with the traditional idea of how Deltamarin
was run and developed. It had also become
clear that this time the generation shift could
not be done in a similar way to how it had
previously been done, and a transaction
including a third-party investor would be
needed to reach the ultimate solution.
This planning took place at same time
as Deltamarin was actively designing an
increasing number of standard ships and
the consequent increase in research and
development required financial investments
from the company. Globally, major changes
CONTINUATION UNDER CHINESE OWNERSHIP
Deltamarin’s head office
in Turku since 2014.
(Photo: Jouni Lindroos)