Having completed a strategic review of the facilities post acquisition it is clear that Harland & Wolff can be utilised in adjacent markets to our existing projects building on our overarching strategy of operating high value strategic infrastructure facilities. With over 30,000m2 of undercover fabrication facilities, two drydocks of a capacity that there are only a few others globally the facilities are very unique and have in recent years not been fully utilised.
On the 5th December 2019 InfraStrata plc completed the acquisition of the assets of Harland & Wolff Shipyard in Belfast from the administrator. This strategic acquisition enables InfraStrata to realise synergies on its existing Islandmagee project given its neighbouring location some 24NM away and the extensive fabrication facilities at Harland & Wolff.
On 20 August 2020, the Company further developed the Harland & Wolff business by acquiring the Appledore shipyard in North Devon. This strategic acquisition enables Harland & Wolff to capitalise on both the small vessel and large vessel niches in the markets where there is little to no competition.
The core sectors the yard will focus on are as follows:
- TECHNICAL SERVICES
- FABRICATION & CONSTRUCTION
- REPAIRS & MAINTENANCE
- IN SERVICE SUPPORT