Rosetti Marino drops plans to acquire Heerema yard

Offshore staff

RAVENNA, Italy – Rosetti Marino has decided not to go ahead with its planned acquisition of the Heerema Fabrication Group (HFG) yard in Zwijndrecht, the Netherlands, despite signing a letter of intent last month.

The company took the decision in light of recent adverse market conditions and the uncertainty for future prospects for the yard.

CEO Oscar Guerra said: “Rosetti Marino regrets that our interest in the proposed sale could not happen due to external factors beyond our control.”

HFG management has informed staff at the Zwijndrecht yard about the intended closure, with 80 employees set to be made redundant.

However, the company will continue offshore construction operations at its locations in Vlissingen, the Netherlands and Opole, Poland.

01/02/2019