In a statement, UK Government has today (19 December) confirmed that Navantia's deal to purchase Harland and Wolff, including the acquisition of all 4 yards, has been completed.

Making the announcement, Jonathan Reynolds MP, Secretary of State for Business and Trade, said:

"This deal is a major vote of confidence in the UK from Navantia, which will not only secure the future of UK shipbuilding but protect 1,000 jobs across the country and bring future investment into shipbuilding right across the UK."

 

Speaking following the announcement, Cllr Donald Crichton, said:

"I would first like to express my delight for those employed at Arnish Yard and their families. The past months have been a stressful time for all connected with the yard and they are to be commended for their continued professionalism and resilience."

"Since the first notification of the financial challenges experienced by Harland and Wolff the Comhairle has engaged with UK Government, Scottish Government, HIE and all stakeholders to assist in establishing a viable solution. I would like to thank all involved for their work in achieving this deal and their communication throughout the process."

"Arnish is a huge economic asset for the Western Isles, and it is a great relief to see the highly skilled workforce retained on the island. To futureproof the yard moving forward it is important that any new leaseholder has a robust, costed and sustainable business plan. We will be writing to Navantia to seek early engagement and reassurances around their strategy for the next period and to get an understanding of the proposals which they have outlined."