Announced

Completed

RINA completed the acquisition of Foreship from Vaaka Partners.

Synopsis

RINA, an engineering consultancy firm, completed the acquisition of Foreship, a company specialising in cruise ship design, energy-efficient vessel innovations, and sustainable marine technologies, from Vaaka Partners, a private equity firm. Financial terms were not disclosed. “Foreship offers unique competence which is highly appreciated by its clients. It brings an exceptional track record and a depth of expertise in naval architecture that complements our own consulting engineering capabilities. Together, on a shared path of growth, we will deliver even greater value to the global shipping industry, advancing sustainability, digital innovation, and ship lifecycle services," Ugo Salerno, RINA Executive Chairman.

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