Nordcapital Holding GmbH & Cie. KG in Hamburg, Germany and Aker Yards announced today that it has signed an agreement to build four Platform Supply Vessels (PSV's) of the type UT 755 LN at Aker Yards in Norway. The value of the contract is approximately NOK 580 million. Nordcapital has an option for an additional four vessels, that will have to be declared by the middle of May 2006.
The four vessels are scheduled for delivery from the fourth quarter in 2007 to the second quarter 2008, and will be built at a combination of companys' yards in Norway
Aker Yards ASA
Tore Langballe, SVP Communications and IR, tel. +47 24 130 130
Christiane Pieper, Press and Public Relations +49 (40) 378 550 - 37
Aker Yards ASA is an international shipbuilding group focusing on sophisticated vessels. The group has a strong position both in terms of innovation, product range, technology, experience and capacity. The product range includes cruise vessels & ferries, merchant vessels, offshore & specialized vessels. Aker Yards, with an annual turnover of euro 2 bn, comprises 13 yards in Norway, Finland, Germany, Romania and Brazil and has approximately 13,000 employees.
Aker Yards is part of the Aker Group (www.akerasa.com), a leading multi-industry powerhouse with more than 40,000 employees and EUR 7.5 billion revenues. Aker owns 50.4 per cent of Aker Yards, and the group is also a significant
participant in the oil & gas business as well as the fisheries industry.
The Nordcapital Group is active in Shipping, Real Estate and Private Equity. Since its foundation in 1992, it has realised a total investment volume of some 4.5 billion for private and institutional investors. Nordcapital funds have some 34,000 investors holding 46,000 participations, with total fund capital of 1.8 billion.
Apart from the focus on container shipping, where there are some 85 funds and a total investment volume of about 4 billion euros at present, Nordcapital currently has 15 real estate projects in the Netherlands, the UK and the USA, with total investments of some 460 million euros. In the Private Equity sector, Nordcapital has so far realised five funds of funds with a total investment volume of 75 million euros.