Vedder secures a superyacht fit-out package worth more than AED 115 millionOct 2 ,2019
Depa PLC (“Depa”), the leading global interior solutions group, announces a project award of EUR 29 million (more than AED 115 million). Vedder, Depa’s German-based key business unit which specialises in the provision of interior and exterior solutions to the superyacht, private jet and high-net-worth residence fit-out markets, has secured the interior fit-out package for a new-build superyacht project.
Kevin Lewis, Depa’s Group Chief Executive Officer, commented: “We are delighted that Vedder has received this latest superyacht interior fit-out award. Pleasingly, Vedder continues to build on its record levels of backlog.”
For further information, please contact:
Tel: + 971 4 446 2100
Kevin Lewis, Group Chief Executive Officer
Steven Salo, Group Chief Financial Officer
For more information, please refer to the corporate website: www.depa.com
Notes to editors:
Depa is a strategic management company specialising in global interior solutions. Depa’s four key business units hold leading positions in their respective markets: Design Studio, Vedder, Depa Interiors and Deco Group. Employing thousands of people worldwide, the Group’s operations are centred on three regional hubs: Asia, Europe and the Middle East.
Depa’s mission, shared by each of its key business units, is to deliver sustainability, profitability and performance for its clients, shareholders and employees. The Group’s five core values are integral to everything Depa does: transparency, integrity, accountability, professionalism and exceptional service.
Depa PLC is listed on the Nasdaq Dubai (DEPA: DU) and is headquartered in Dubai, United Arab Emirates.
This document may contain certain 'forward looking statements' with respect to Depa's financial condition, results of operations and business and certain of Depa's plans and objectives with respect to these items. By their very nature, forward looking statements are inherently unpredictable, speculative and involve risk and uncertainty because they relate to events, and depend on circumstances, which may occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward looking statements. All written or verbal forward looking statements, whether made in this document or made subsequently, which are attributable to Depa or any other member of the Group or persons acting on their behalf are expressly qualified on this basis. Depa does not intend to update these forward looking statements.