Reina, an engineering consultant company, has announced obtaining Foodeship, a Finnish marine engineering company and marine engineering.
This strategic step is to strengthen marine engineering consulting services in Rina and enhance its presence in northern Europe.
Its headquarters is located in Helsinki, and it has reported revenue of 15.2 million euros (about 16 million dollars) in 2024 and is characterized by working forces of more than 90 professionals in eight international offices, including the United States, the United Kingdom and Estonia.
The company refers to its experience in designing cruises ships, energy efficiency, and sustainable marine technologies.
“We are proud to welcome our group to a company that participates in our basic values of independence, innovation and engineering excellence. This acquisition corresponds to our strategic plan to become an increasing basic reference point for our customers, and support them with our broad knowledge,” said Carlo Luzato, General Manager of Reina, said.
“The strong reputation of the Foodship and the global customer base, including the main cruise lines and shipping companies, makes it a natural occasion for our fast -growing maritime consultative works. The reliable independent reputation is seen as one of the basic assets that Reina aims to preserve and enhance.”
It is expected that the integration of the unique marine architecture capabilities of Foodship will create a large synergy within the Rina Consulting.
It will also provide opportunities to expand its market share in RINA in marine consulting, especially in areas such as complex update, new fuel integration, and digital transformation.
Foolsip will work within the Rina Consulting framework, and to adhere to Reina’s governance and organizational model.
“The vision of the leadership in the remittances of the sustainable passenger ship, the new construction, and consultations grow. Joining the global partner like RINA will accelerate our growth, expand our knowledge, and enhance our customer relationships, while continuing to enhance the close cooperation we appreciate,” said Fooship Lauri Hauristo.
Reina’s acquisition was facilitated by Lazard, who was the financial advisor. Bain & Company provided support for commercial duty care, while PWC helped financial and tax care. The legal advisor was provided for treatment by Bornens’s lawyers.
In April, Rina, along with Eni and Vinclotri, It presented a new study Entitled “Sustainable Looking for Maritime Transport”, which aims to direct carbon removal to the maritime transport sector.
It was prepared with technical support from Bain & Company ITaly, the study provides a comprehensive analysis of the paths, monuments and investments necessary to achieve carbon neutrality in the marine industry by 2050.
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