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Kuzey Star to acquire Uljanik for €12.05 million

PRIVATEOct 15, 2026

Acquiring Company

Kuzey Star Shipyard Denizcilik Sanayi ve Ticaret A.S

Acquired Company

Uljanik Brodogradnja 1856

TartusCroatiaConstructionAerospaceConstruction

Description

Kuzey Star Shipyard is set to acquire a 97.13% stake in Uljanik for €12.05 million. This acquisition marks the conclusion of a lengthy sales process and aims to revitalize the shipbuilding industry in Pula, Croatia. The deal involves retaining core shipbuilding activities and leveraging existing infrastructure. Uljanik's new ownership is expected to enhance operational stability in the sector.

Company Information

Company

Kuzey Star Shipyard Denizcilik Sanayi ve Ticaret A.S

Location

Tartus, Tartus Governorate, Syria

About

Kuzey Star Shipyard Denizcilik Sanayi ve Ticaret A.S is a Turkish company specializing in shipbuilding and maritime services. They focus on high-quality ship construction and maintenance, adhering to international standards. The company is committed to innovation and sustainability in the maritime industry.

Fundz sees it the moment Kuzey Star Shipyard Denizcilik Sanayi ve Ticaret A.S makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Uljanik Brodogradnja 1856?

Uljanik Brodogradnja 1856 was acquired by Kuzey Star Shipyard Denizcilik Sanayi ve Ticaret A.S, based in Tartus. The deal was reported on October 15, 2026. Kuzey Star Shipyard Denizcilik Sanayi ve Ticaret A.S is a Turkish company specializing in shipbuilding and maritime services. Kuzey Star Shipyard Denizcilik Sanayi ve Ticaret A.S is privately held and operates in Construction.

When did Kuzey Star Shipyard Denizcilik Sanayi ve Ticaret A.S acquire Uljanik Brodogradnja 1856?

Kuzey Star Shipyard Denizcilik Sanayi ve Ticaret A.S's acquisition of Uljanik Brodogradnja 1856 was reported on October 15, 2026. Kuzey Star Shipyard is set to acquire a 97.13% stake in Uljanik for €12.05 million. This acquisition marks the conclusion of a lengthy sales process and aims to revitalize the shipbuilding industry in Pula, Croatia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Uljanik Brodogradnja 1856 do?

Uljanik Brodogradnja 1856 is a shipbuilding company located in Pula, Croatia. The company has faced operational challenges in recent years but continues to play a role in the maritime industry. It focuses on ship construction, repair, and maintenance. It is privately held, operating in Aerospace, and is based in Croatia.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.