Balaena Acquires UK Shipyards from APCL Group
2026-06-12 15:29
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en.Wedoany.com Reported - Marine engineering and shipbuilding group Balaena has completed the acquisition of APCL Group, bringing several well-known UK ship repair and construction facilities under its ownership. The move comes amid expectations of increased investment in the UK's naval and commercial maritime sectors, with industry consolidation continuing. The facilities involved in the transaction include A&P Tyne on the River Tyne, Cammell Laird in Birkenhead, A&P Falmouth in Falmouth, and Falmouth Docks and Engineering Company. These assets will be integrated into Balaena's existing operations in Gibraltar and Padstow, Cornwall.

Cammell Laird

Balaena stated that the acquisition aims to enhance the UK's ship repair, conversion, and naval support capabilities, and to build a nationwide service network covering offshore energy, cargo, cruise, and ferry customers. Balaena founder and CEO Simon Gillett said the move reinforces the group's long-term commitment to UK maritime capabilities. He added that integrating Balaena's operations with APCL's facilities on the Tyne, in Birkenhead, and Falmouth will improve the UK's ability to support the Royal Navy and commercial shipping, while creating jobs and apprenticeship opportunities. APCL CEO David McGinley described the deal as opening a new chapter for the business, ensuring the future development of the shipyards and supporting investment in digital and green shipbuilding technologies.

Balaena plans to modernize the acquired facilities, expand ship repair and offshore manufacturing capacity, and develop technologies related to low-emission propulsion systems. At the same time, the group will collaborate with colleges and maritime training institutions to launch a nationwide skills and apprenticeship program. This acquisition is part of a broader wave of consolidation in the UK shipbuilding industry. Earlier in 2025, Spain's Navantia acquired the defunct Belfast group Harland & Wolff, which had a role in the UK's Fleet Solid Support ship program.

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