Harland & Wolff's Financial Tsunami: Suppliers Face Millions in Debt as Navantia Takeover Looms
Harland & Wolff's suppliers are caught in a financial storm, facing millions in unpaid debts and potential layoffs as the company's management struggles and a possible takeover by Navantia approaches. The process, shrouded in secrecy, has left suppliers seeking clarity amid fears of insolvency. With the acquisition set for early 2025, the future of these business relationships hangs in the balance.
Jan 28