This milestone strengthens Civmec’s role in Australia’s naval shipbuilding sector by bringing Luerssen Australia’s operations, workforce, and assets under full local ownership. The business includes a highly skilled team with deep experience in naval shipbuilding, mature engineering and training systems, and a robust supply chain with strong local industry participation—particularly in Western Australia. These capabilities will remain in place to support the ongoing delivery of the SEA1180 Offshore Patrol Vessel (OPV) program.
It is the intent that, Luerssen Australia will be renamed to ‘Civmec Defence Industries Pty Ltd (“CDI”)’ as a wholly owned subsidiary of Civmec.
The acquisition was funded from Civmec’s existing cash reserves.
Civmec’s Chairman James Fitzgerald commented:
“Bringing Luerssen Australia into the Civmec Group reinforces our commitment to building sovereign capability and delivering comprehensive shipbuilding solutions. We’re focused on ensuring a smooth transition and continuing momentum on the OPV program. We welcome the Luerssen Australia team to CDI and look forward to working closely with the Commonwealth.”
With a structured handover and ongoing technical collaboration from NVL, Civmec is well-positioned to integrate operations and unlock long-term value from the acquisition.
Civmec completes acquisition of Luerssen Australia
News
- 02.07.2025