26.6.2025

Aker Arctic Technology Acquisition of Bluetech Finland

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We advised Aker Arctic Technology Inc, a company specialised in icebreaker design, in its acquisition of Bluetech Finland Ltd.

Under the signed agreement, Aker Arctic and Bluetech transferred to the ownership of Arctic Marine Technology Group Oy, an entity established for the purpose of owning the companies. Arctic Marine Technology Group is owned by Finnish Industry Investment (Tesi) and ABB, the current shareholders of Aker Arctic.

The completion of the transaction required the approval of the Finnish Ministry of Economic Affairs and Employment and the fulfilment of other customary closing conditions.

Aker Arctic Technology Inc is a private company specialising in the technology development, design, engineering, special products, consulting and testing services for ice-going vessels and icebreakers.

Bluetech Finland Ltd specialises in cruise, ro-pax and cargo ship design, offering engineering services for ship owners, shipyards and marine suppliers.

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