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Damen partners with Sweden’s Lazarus Industriförvaltning

Damen Company representatives in white shirts shake hands over the new partnership agreement
Damen Shipyards Group has strengthened its position in the Swedish market through a strategic partnership with Lazarus Industriförvaltning.

In addition to the yard in Oskarshamn, Damen customers will now be able to use the services of Stockholms Reparationsvarv, a full-service ship repair yard in Stockholm.

“Sweden has always been an important market for us,” said Martin Verstraaten of Damen Shipyards Group. “For the Swedish Coast Guard, for example, we are currently building seven patrol vessels which will eventually be shipped to our shipyard in Oskarshamn to install and test owner’s deliveries. We have an order in production for four icebreaking tugs for Försvarets Materielverk (FMV) to be delivered in the end to the Swedish Navy.”

“We have been working to increase our footprint in Sweden for some time now, initially through acquisitions. That did not yield any results and so we have now opted for a partnership with Stockholm’s Reparationsvarv and our largest steel supplier Eurosteel in Nybro. That involved transferring the ownership of our Oskarshamn shipyard to Lazarus Industriförvaltning, which also owns the two other companies.”

Claes Jonson, partner at Lazarus Industriförvaltning AB, said: “We at Lazarus Industriförvaltning, together with our portfolio companies Eurosteel and Stockholms Reparationsvarv, are enthusiastic about this new partnership. Eurosteel already works closely together with Oskarshamnsvarvet, to deliver state-of-the-art solutions to our customers.

“Through these new arrangements and the combined footprint of Oskarshamnsvarvet and Stockholms Reparationsvarv, we will going forward have two well established ship repair yards on the Swedish east coast, providing further strengthened offering to existing and new customers.”

Damen Shipyards Group can now serve customers in Sweden with service hubs in both Oskarshamn and Stockholm. The service hubs will be supported by Damen Services from the Netherlands and the New-Build Sales organisation.

This synergy will produce decisive solutions with which Damen, through these local partnerships, can fully serve its Swedish and international maritime customers in the areas of new construction, conversion, maintenance, repair, and service.