Balaena, a UK maritime engineering and shipbuilding group, has acquired the APCL Group, which operates four shipyards. They comprise Cammell Laird at Birkenhead, A&P Tyne, A&P Falmouth, and Falmouth Docks and Engineering Company—in England.
Commenting on the acquisition, Simon Gillett, founder and group chief executive officer of Balaena, said, “This acquisition reinforces our long-term commitment to British maritime capability—creating jobs, expanding apprenticeships, and driving innovation in line with the ambitions of the Strategic Defence Review and the UK’s Industrial Strategy.”
He added, “By uniting Balaena’s vision and ambition with APCL’s skilled teams in Tyne, Birkenhead, and Falmouth, we are strengthening the UK’s ability to deliver for both the Royal Navy and the global commercial maritime sector, while investing in the next generation of British shipbuilders and engineers.”
Further coverage CruiseandFerry has on the development.
