Rheinmetall and MSC win bid for Mangalia shipyard

Rheinmetall and Swiss container shipping group MSC have won the auction for the Mangalia shipyard in Romania, with the partners planning to develop the site for both civilian and military shipbuilding. The proposed acquisition carries a purchase price of approximately €138 million, which will be paid jointly by Rheinmetall and MSC. Completion is expected within the coming weeks. Until the transaction closes, the acquisition remains subject to the necessary final procedures. Partners plan dual-use shipbuilding site The partners intend to establish a dual-use production facility at Mangalia, allowing civilian and military shipbuilding projects for Romanian and international customers to be undertaken at the same site.