Civmec completes Luerssen Australia acquisition

Henderson, Western Australia-based construction and engineering firm Civmec has confirmed the completed acquisition of all shares in Luerssen Australia, the local subsidiary of NVL (Naval Vessels Lürssen.) The $20 million deal was completed on Wednesday. Civmec said in an ASX statement that it will consolidate its role in local naval shipbuilding “by bringing Luerssen Australia’s…