July 8, 2025
Helsinki, Finland — Davie, the Québec-based international shipbuilder and owner of Helsinki Shipyard, announced today an agreement to acquire Enersense Offshore Oy (Enersense Marine and Offshore Unit), specializing in steel and fabrication operations in Mäntyluoto, a port district of the city of Pori, Finland.
By securing domestic steel production, Helsinki Shipyard will be Finland’s only specialized shipbuilder with fully integrated capabilities, from design to delivery. The acquisition greatly strengthens Helsinki Shipyard’s ability to build multiple special-purpose vessels simultaneously, while maintaining market-leading delivery times. Steel production in Mäntyluoto will support Davie’s and Helsinki Shipyard’s shipbuilding projects in both Finland and North America.
The transaction is subject to customary closing conditions and is expected to be completed during the third quarter of 2025.
The acquisition will boost the shipbuilding industry and employment in Pori and Helsinki, while benefiting the overall economic value of Finland’s maritime cluster. The aim is to revitalize the unit’s operations and ramp up its capabilities and capacity to tap into the increasing growth potential in the western shipbuilding market.
In March 2025, Helsinki Shipyard signed an agreement with the Canadian government to construct the hull of a heavy icebreaker based on its build-ready Polar Max concept.
Steel production for the Polar Max will begin in Pori as soon as possible, with construction work on the vessel set to begin at Helsinki Shipyard in August.
“This deal will reinforce our own competitiveness and that of Finnish shipbuilding as a whole by securing the supply of steel for many critical projects. Most importantly, we’re securing the future of a highly skilled workforce and delivering more stability for our customers and partners,” said James Davies, President and CEO of Davie.
“The Enersense Marine and Offshore Unit possesses unique expertise in steel production for the Arctic maritime industry, making Helsinki Shipyard an integrated shipbuilder. Block production for the first vessel under our Polar Max concept will begin as soon as possible,” said Kim Salmi, CEO of Helsinki Shipyard.
The highly skilled Enersense Marine and Offshore Unit team will remain in place under new ownership.
“We are delighted that, after patiently conducting the strategic assessment over the past year, we have found the best possible home for the Marine and Offshore Unit. The unique expertise of our personnel in Mäntyluoto can further flourish with Davie, a leading shipbuilder,” said Kari Sundbäck, CEO of Enersense.
Further information:
Antti Leino
Director, Public Affairs,
Group Davie,
[email protected],
+1 (367) 977 4668 / +358 40 705 8769
About Davie
Founded in 1825, Davie is part of the Inocea Group, a privately owned international marine industrial group with operations in Canada and Finland. Davie is Canada’s largest and most flexible shipbuilder and a key partner in the country’s National Shipbuilding Strategy. In Finland, Helsinki Shipyard is the global leader in icebreaker and ice-class vessel construction. Together, these facilities design, build, and sustain mission-critical vessels—including icebreakers, warships, and ferries—for governments and commercial customers.
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