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Home» News»TKMS signs contract to acquire the Oceana shipyard in Brazil
CBO - Oceana shipyards. CBO picture
CBO - Oceana shipyards. CBO picture

TKMS signs contract to acquire the Oceana shipyard in Brazil

Thyssenkrupp Marine Systems (Kiel, Germany) has signed a contract to acquire the Oceana shipyard in Brazil (Itajaí, state of Santa Catarina).

Martin Manaranche 20 May 2020

Thyssenkrupp press release

The seller is Aliança S.A.,a company owned by CBO Group (Rio de Janeiro, Brazil), a leader in offshore support vessels sector and one of the largest employers of qualified maritime personnel inthe Brazilian market.

The acquisition is being executed through the Brazilian subsidiary, thyssenkrupp Marine Systems do Brasil, and is part of the international strategy of MarineSystems. Oceana has been chosen as preferred shipyard for the building of four Tamandaré-class frigates for the Brazilian Navy. The transaction is subject to the approval of the Brazilian antitrust authorities and the official entry into force of the frigate contract expected for the middle of this year. It was agreed not to disclose the purchase price.

Artist impression of Tamandaré-class. TKMS image
Artist impression of Tamandaré-class. TKMS image

“Even in challenging times like these, we are single-mindedly pursuing our path. Our successful export business enables us to maintain and further develop our technological capabilities in Germany and to grow as a company. All our customers benefit from this. With Oceana, we have an excellent infrastructure for building the most modern frigate of the Brazilian Navy. The shipyard also offers us the prospect of taking on follow-on orders. Not only locally, but also in other countries of South America.”

Dr. Rolf Wirtz, CEO of thyssenkrupp Marine Systems

The Oceana shipyard was set up in 2013 for the production of high quality and technology offshore support vessels and is ideal for large-scale projects. Over the next two years, up to 800 local employees are to be recruited for the Tamandaré project alone. This means that ships with a very high domestic added value can bebuilt in Brazil. Delivery of the ships is planned to take place between 2025 and 2028.

Águas Azuis – a joint venture of thyssenkrupp Marine Systems (Lead), EmbraerDefense & Security and Atech – will be responsible for completion of the four frigates.

–End–

Brazil Germany Oceana shipyards Tamandare-class Thyssenkrupp Marine Systems TKMS 2020-05-20
Tags Brazil Germany Oceana shipyards Tamandare-class Thyssenkrupp Marine Systems TKMS
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Authors

Posted by : Martin Manaranche
Martin Manaranche is based in Brittany, France. He is currently studying International Relations at Lyon III university. Martin conducted an internship at the French Navy's Ecole Navale in Brest and is therefore particularly fond of naval defense issues.

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