Finnish icebreaker design expertise strengthens: Aker Arctic and Bluetech Finland transaction completed

Aker Arctic Technology Inc (“Aker Arctic”) announced on May 19, 2025, that Aker Arctic and Bluetech Finland Ltd (“Bluetech”) are joining forces and will transfer to the ownership of Arctic Marine Technology Group Oy, established to own the companies. 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. The transaction has now been completed.

At the core of Aker Arctic’s operations is highly specialized expertise in icebreaker design, and Bluetech’s transfer to the ownership of the common parent company is an essential step in supporting the company’s growth targets, including in the North American markets.

“I am very pleased that the merger of Aker Arctic and Bluetech into the same group has been completed. Together, Aker Arctic and Bluetech form a globally significant player that can cover the entire design chain from preliminary studies and concept design all the way to production design,” says Mika Hovilainen, Managing Director of Arctic Marine Technology Group Oy.

Aker Arctic and Bluetech form an entity of approximately 150 professionals focused on demanding ship design. Arctic Marine Technology Group Oy is owned by Finnish Industry Investment Ltd (Tesi) and ABB.

Aker Arctic’s press release on the transaction is available Aker Arctic and Bluetech Finland to join forces.

Further information: Mika Hovilainen, Managing Director, Arctic Marine Technology Group Oy, tel. +358 40 522 4765, mika.hovilainen@akerarctic.fi

 

 

Aker Arctic Technology Inc is a private company specializing in the technology development, design, engineering, special products, consulting and testing services for ice-going vessels and icebreakers. Based on our experience in vessel design, we have acquired a sound understanding of the solutions and products required for ice going vessels. This knowledge enables us to offer products that introduce efficiencies and reduce costs, while providing safe, reliable, and efficient equipment for the operator. www.akerarctic.fi

Bluetech Finland Ltd is a company specialized in cruise, ro-pax and cargo ship design, offering engineering services for ship owners, shipyards and marine suppliers. Our expertise includes all ship design disciplines, and we provide concept, basic and detail design. www.bluetechfinland.com