# Wight Shipyard Co. and OCEA announce all-share merger

British shipbuilder The Wight Shipyard Co. and French shipbuilder OCEA announced an all-share merger, scheduled to complete by March 2022, to create a combined group focused on fast ferries and offshore renewable energy.

- Type: Acquisition
- Announced: 2022-02-09
- Where: East Cowes, Isle of Wight, United Kingdom
- Status: announced
- Products: aluminum vessels, fast ferries, offshore renewable energy vessels
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [The Wight Shipyard Co.](https://endata.com/companies/60925.md)
- [OCEA](https://endata.com/companies/60926.md) (target)

## Sources

- [navalnews.com](https://www.navalnews.com/naval-news/2022/02/british-french-aluminum-shipyards-announce-merger/), 2022-02-09: "Britain's leading aluminium shipbuilder, The Wight Shipyard Co. today announces an all-share merger with the complementary multinational shipbuilder OCEA to create a combined group to capitalise on the fast ferry and offshore renewable energy markets opportunities."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.