Harland and Wolff, the Belfast shipyard that built the Titanic, has been sold by owner Dolphin Drilling to infrastructure specialists InfraStrata for £6 million ($7.3 million), saving the facility from closure, InfraStrata said on Tuesday.
Harland and Wolff's multipurpose fabrication facility, quaysides and docking facilities are ideally suited for the energy infrastructure industry and the company's projects, InfraStrata said.
All 79 workers who did not opt for voluntary redundancy earlier in the year will be retained, the company said.
"Harland and Wolff is a landmark asset and its reputation as one of the finest multipurpose fabrication facilities in Europe is testament to its highly skilled team in Belfast," InfraStrata Chief Executive John Wood said.
(Reporting by Graham Fahy and Paul Sandle; editing by Jason Neely)