Type of deal: Sale of shares
Sector: Naval architecture and maritime engineering
Object of sale: Foreship Oy
Seller: Vaaka Partners
Buyer: RINA S.P.A.
Date: Deal announcement 18 June 2025
PwC’s role: Sell side advisory, vendor assistance
PwC acted as the exclusive financial advisor to Vaaka Partners Oy on the sale of Foreship to RINA. PwC also provided vendor assistance services to the seller. Foreship is a globally leading naval architecture and marine engineering consultancy specialising in cruise ships. Foreship has grown into an internationally recognised expert in complex maritime projects, including cruise ship conversions and cutting-edge sustainable maritime solutions. The company plays a vital role in helping shipowners meet tightening environmental and decarbonisation targets and is committed to supporting the industry's long-term goal for net zero. RINA is multinational engineering consultancy, inspection and certification group with 6 200 employees and operations in more than 70 countries.
Hannu Keränen
Jenni Ervasti
Eero Sormunen