From Cruise Ships To Condos, Meyer Group JV Goals At The

MEYER Group, aleading shipbuilding consortium with three fashionable, large-scale shipyards in Europe, has joined forces with ADMARES Marine, a pacesetter in floating actual property, to kind a brand new three way partnership. Headquartered in Turku, Finland, MEYER Floating Options is concentrated on growing and manufacturing prime quality floating actual property.

“MEYER Group had acknowledged nice potential within the floating options enterprise and recognized ADMARES Marine because the market chief on this growing business. On the similar time, ADMARES Marine was on the lookout for a strategic associate to strengthen its capabilities and maximize its potential out there. The brand new enterprise combines the strengths of each firms and permits us to compete for the mega initiatives which might be being constructed on the water,” stated Kaj Casén, CEO at MEYER Floating Options.

“MEYER Floating Options is a pure addition to our present product portfolio and with ADMARES now we have a fantastic and skilled associate at our facet,” stated Bernard Meyer, Chairman of MEYER Group.

For MEYER Group, the JV means pure further enterprise to its core enterprise of shipbuilding. The brand new firm will proceed to supply merchandise manufactured and commissioned offsite in a managed manufacturing unit surroundings. Its superior manufacturing strategies allow shorter supply occasions and minimized environmental affect since conventional building websites could be fully prevented.  “Conventional building business is a sluggish adopter of latest applied sciences. With the 2 firms’ strengths mixed, the three way partnership accumulates unprecedented experience within the area of growing and manufacturing floating options,” stated Casén.  
MEYER Floating Options provides quite a lot of floating actual property from personal villas as much as the world’s largest overwater installations

The brand new firm will inherit ADMARES Marine’s product portfolio and patents. Due to ADMARES Marine’s important R&D investments and pioneering experience on overwater options, the brand new firm can already supply market-ready ideas. The corporate has a number of customary floating villas and motels but additionally serves shoppers who’re after absolutely personalized overwater options.
MEYER Floating Options will proceed to serve shoppers globally by offering turnkey companies together with design, manufacturing, transportation, and ultimate set up at vacation spot.

MEYER Group not too long ago set a objective to develop a climate-neutral cruise ship idea by 2025, and to realize carbon impartial shipbuilding by 2030. The newly fashioned MEYER Floating Options will comply with this path and has outlined sustainability as one in all their core values.

Picture courtesy MEYER Floating Options

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