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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Spanish shipbuilder Navantia in exclusive talks to buy Harland & Wolff

The Samson and Goliath cranes at the Harland & Wolff shipyard in Belfast.
The Samson and Goliath cranes at the Harland & Wolff shipyard in Belfast. Photograph: Paul Faith/AFP/Getty Images

Spanish shipbuilding firm Navantia is in exclusive negotiations to buy Harland & Wolff, the owner of the Belfast shipyard that built the Titanic, in a deal that could rescue up to 1,000 jobs.

It is understood the group could take control of the group’s four yards – in Belfast; Appledore, Devon; Arnish on the Isle of Lewis; and Methil, Fife – as early as next month.

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