The Italian engineering consulting company, inspection and certification RINA has acquired the entire capital of the Finnish company Foreship, which specialises in consultancy in the field of naval and mechanical engineering and is owned by Vaaka Partners and the company's management. Foreship, which in 2024 recorded revenues of 15.2 million euros, is based in in Helsinki and has over 90 professionals in eight locations around the world, including the United States, the United Kingdom, and Estonia.

RINA highlighted that the transaction marks a further expansion of its global consulting offering naval engineering, while strengthening the presence of the group in Northern Europe, and that the Finnish company is recognized for its projects in cruise ship design, for innovative solutions in the field of energy efficiency and sustainable technologies applied to shipping.

Foreship activities at the end of the transaction will be part of RINA Consulting. In the transaction, Lazard assisted RINA as financial advisor and RINA is was also supported by Bain & Company for due diligence and PwC for financial and tax due diligence. Borenius Attorneys served as legal advisor.