STX Europe Sells Norwegian Shipyard

STX Europe AS sells STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS.

STX Europe completes the sale of all of the shares in its wholly owned subsidiaries STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS.

The order backlog of STX Norway Florø AS was NOK 59 million at the end of Q3 2012 and the order book consisted mainly of one offshore pipelay vessel, the "Deep Energy".

STX Norway Design Florø AS is a subsidiary of STX Europe, situated at the Florø Yard. STX Norway Design Florø AS is a naval architecture and marine engineering company that supplies complete designs, construction and drawing packages for new builds and conversions.