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Latest Fassmer News
Aug 10, 2022
10 August 2022 by Kate Tringham View of the building block with section 5 of the first SVK boat for Germany. (WTD 71/Thomas Wallner) Construction work has started on two new German Navy Seeversuch Küste (SVK) coastal trial support boats on order for the Bundeswehr's naval test and trials unit WTD 71. In a 7 August announcement, the Bundeswehr said a keel-laying ceremony for both boats took place at the shipyard of Western Baltija Shipbuilding in Klaipėda, Lithuania, on 22 June. The two SVK boats are being built under a contract worth EUR95 million (USD97 million) awarded to Fassmer by the German Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) on 22 July 2021. Hull construction is taking place at the facilities of Western Baltija Shipbuilding in Lithuania, after which the boats will be transferred to Fassmer's shipyard in Berne, Germany, for outfitting. Under current plans the first boat will be transferred to Fassmer's yard for outfitting in October 2022, followed by the second boat in December 2022. The first boat is scheduled for handover to the Bundeswehr in June 2023, followed by the second boat in November 2023. 10 August 2022 by Kate Tringham View of the building block with section 5 of the first SVK boat for Germany. (WTD 71/Thomas Wallner) Construction work has started on two new German Navy Seeversuch Küste (SVK) coastal trial support boats on order for the Bundeswehr's naval test and trials unit WTD 71. In a 7 August announcement, the Bundeswehr said a keel-laying ceremony for both boats took place at the shipyard of Western Baltija Shipbuilding in Klaipėda, Lithuania, on 22 June. The two SVK boats are being built under a contract worth EUR95 million (USD97 million) awarded to Fassmer by the German Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) on 22 July 2021. Hull construction is taking place at the facilities of Western Baltija Shipbuilding in Lithuania, after which the boats will be transferred to Fassmer's shipyard in Berne, Germany, for outfitting. Under current plans the first boat will be transferred to Fassmer's yard for outfitting in October 2022, followed by the second boat in December 2022. The first boat is scheduled for handover to the Bundeswehr in June 2023, followed by the second boat in November 2023. 10 August 2022 by Kate Tringham View of the building block with section 5 of the first SVK boat for Germany. (WTD 71/Thomas Wallner) Construction work has started on two new German Navy Seeversuch Küste (SVK) coastal trial support boats on order for the Bundeswehr's naval test and trials unit WTD 71. In a 7 August announcement, the Bundeswehr said a keel-laying ceremony for both boats took place at the shipyard of Western Baltija Shipbuilding in Klaipėda, Lithuania, on 22 June. The two SVK boats are being built under a contract worth EUR95 million (USD97 million) awarded to Fassmer by the German Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) on 22 July 2021. Hull construction is taking place at the facilities of Western Baltija Shipbuilding in Lithuania, after which the boats will be transferred to Fassmer's shipyard in Berne, Germany, for outfitting. Under current plans the first boat will be transferred to Fassmer's yard for outfitting in October 2022, followed by the second boat in December 2022. The first boat is scheduled for handover to the Bundeswehr in June 2023, followed by the second boat in November 2023. 10 August 2022 by Kate Tringham View of the building block with section 5 of the first SVK boat for Germany. (WTD 71/Thomas Wallner) Construction work has started on two new German Navy Seeversuch Küste (SVK) coastal trial support boats on order for the Bundeswehr's naval test and trials unit WTD 71. In a 7 August announcement, the Bundeswehr said a keel-laying ceremony for both boats took place at the shipyard of Western Baltija Shipbuilding in Klaipėda, Lithuania, on 22 June. The two SVK boats are being built under a contract worth EUR95 million (USD97 million) awarded to Fassmer by the German Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) on 22 July 2021. Hull construction is taking place at the facilities of Western Baltija Shipbuilding in Lithuania, after which the boats will be transferred to Fassmer's shipyard in Berne, Germany, for outfitting. Under current plans the first boat will be transferred to Fassmer's yard for outfitting in October 2022, followed by the second boat in December 2022. The first boat is scheduled for handover to the Bundeswehr in June 2023, followed by the second boat in November 2023. 10 August 2022 by Kate Tringham View of the building block with section 5 of the first SVK boat for Germany. (WTD 71/Thomas Wallner) Construction work has started on two new German Navy Seeversuch Küste (SVK) coastal trial support boats on order for the Bundeswehr's naval test and trials unit WTD 71. In a 7 August announcement, the Bundeswehr said a keel-laying ceremony for both boats took place at the shipyard of Western Baltija Shipbuilding in Klaipėda, Lithuania, on 22 June. The two SVK boats are being built under a contract worth EUR95 million (USD97 million) awarded to Fassmer by the German Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) on 22 July 2021. Hull construction is taking place at the facilities of Western Baltija Shipbuilding in Lithuania, after which the boats will be transferred to Fassmer's shipyard in Berne, Germany, for outfitting. Under current plans the first boat will be transferred to Fassmer's yard for outfitting in October 2022, followed by the second boat in December 2022. The first boat is scheduled for handover to the Bundeswehr in June 2023, followed by the second boat in November 2023. 10 August 2022 by Kate Tringham View of the building block with section 5 of the first SVK boat for Germany. (WTD 71/Thomas Wallner) Construction work has started on two new German Navy Seeversuch Küste (SVK) coastal trial support boats on order for the Bundeswehr's naval test and trials unit WTD 71. In a 7 August announcement, the Bundeswehr said a keel-laying ceremony for both boats took place at the shipyard of Western Baltija Shipbuilding in Klaipėda, Lithuania, on 22 June. The two SVK boats are being built under a contract worth EUR95 million (USD97 million) awarded to Fassmer by the German Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) on 22 July 2021. Hull construction is taking place at the facilities of Western Baltija Shipbuilding in Lithuania, after which the boats will be transferred to Fassmer's shipyard in Berne, Germany, for outfitting. Under current plans the first boat will be transferred to Fassmer's yard for outfitting in October 2022, followed by the second boat in December 2022. The first boat is scheduled for handover to the Bundeswehr in June 2023, followed by the second boat in November 2023. 10 August 2022 by Kate Tringham View of the building block with section 5 of the first SVK boat for Germany. (WTD 71/Thomas Wallner) Construction work has started on two new German Navy Seeversuch Küste (SVK) coastal trial support boats on order for the Bundeswehr's naval test and trials unit WTD 71. In a 7 August announcement, the Bundeswehr said a keel-laying ceremony for both boats took place at the shipyard of Western Baltija Shipbuilding in Klaipėda, Lithuania, on 22 June. The two SVK boats are being built under a contract worth EUR95 million (USD97 million) awarded to Fassmer by the German Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) on 22 July 2021. Hull construction is taking place at the facilities of Western Baltija Shipbuilding in Lithuania, after which the boats will be transferred to Fassmer's shipyard in Berne, Germany, for outfitting. Under current plans the first boat will be transferred to Fassmer's yard for outfitting in October 2022, followed by the second boat in December 2022. The first boat is scheduled for handover to the Bundeswehr in June 2023, followed by the second boat in November 2023. 10 August 2022 by Kate Tringham View of the building block with section 5 of the first SVK boat for Germany. (WTD 71/Thomas Wallner) Construction work has started on two new German Navy Seeversuch Küste (SVK) coastal trial support boats on order for the Bundeswehr's naval test and trials unit WTD 71. In a 7 August announcement, the Bundeswehr said a keel-laying ceremony for both boats took place at the shipyard of Western Baltija Shipbuilding in Klaipėda, Lithuania, on 22 June. The two SVK boats are being built under a contract worth EUR95 million (USD97 million) awarded to Fassmer by the German Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support (BAAINBw) on 22 July 2021. Hull construction is taking place at the facilities of Western Baltija Shipbuilding in Lithuania, after which the boats will be transferred to Fassmer's shipyard in Berne, Germany, for outfitting. Under current plans the first boat will be transferred to Fassmer's yard for outfitting in October 2022, followed by the second boat in December 2022. The first boat is scheduled for handover to the Bundeswehr in June 2023, followed by the second boat in November 2023.
Fassmer Acquisitions
1 Acquisition
Fassmer acquired 1 company. Their latest acquisition was Neptun Ship Design on April 14, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
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4/14/2022 | Acquired | 1 |
Date | 4/14/2022 |
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Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acquired |
Sources | 1 |
Fassmer Partners & Customers
1 Partners and customers
Fassmer has 1 strategic partners and customers. Fassmer recently partnered with Cohort on March 3, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
3/31/2022 | Vendor | United Kingdom | ELAC Sonar contracted for Fassmer SVK Boote programme ELAC Sonar , the German subsidiary of UK-based Cohort , has been awarded a EUR4 million contract by shipbuilder Fassmer to supply specialised underwater equipment for two new German Navy Seeversuch Küste Erprobungsboote multipurpose vessels on order for the Bundeswehr Technical Centre for Ships and Naval Weapons test centre . | 1 |
Date | 3/31/2022 |
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Type | Vendor |
Business Partner | |
Country | United Kingdom |
News Snippet | ELAC Sonar contracted for Fassmer SVK Boote programme ELAC Sonar , the German subsidiary of UK-based Cohort , has been awarded a EUR4 million contract by shipbuilder Fassmer to supply specialised underwater equipment for two new German Navy Seeversuch Küste Erprobungsboote multipurpose vessels on order for the Bundeswehr Technical Centre for Ships and Naval Weapons test centre . |
Sources | 1 |
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