Privinvest Shipbuilding Group Stamps Its Authority in the European Market

CMN Group prides itself in building state-of-the-art vessels. Based in Cherbourg, the shipyard has more than 700 moderns civil, naval, and research vessels in steel, aluminum, as well as advanced composite materials in its portfolio of completed projects. CMN is a subsidiary of Privinvest Shipbuilding Group, leading construction and design facilities cutting across the Arabian Gulf, the Mediterranean, France, Germany, as well as the United Kingdom.

Privinvest is famous across the world for building many widely recognized vessels in the commercial vessels, naval, as well as the luxury super yacht markets. The group has more than 2500 employees working in 6 shipyards boasting more than 350 years of combined experience. It has built over 1600 vessels that are being used across the world. Privinvest Shipbuilding Group is made up of German Naval Yards Kiel, CMN Group, Nobiskrug, Isherwood’s and Lindenau.

CMN Group provides Naval Vessels measuring up to 95 m, logistic as well as training support, Combat Systems Integration Capabilities as well as Integrated Mast, Repair, Refit, as well as Overhaul of yachts and naval vessels, Supply of Work Boats and Vessels, and Renewable Energy Assembly. The company has been the leader in the naval-ship design, systems integration, construction, training as well as life-time support.

Privinvest Group is headed by Iskandar Safa who is the group’s co-founder and CEO. Armed with a degree in Civil Engineering from the American University in Beirut, as well as an MBA from INSEAD, the executive went ahead to carve out a career path in the unique niche. Iskandar Safa prepared himself for his future career by managing construction operations in Riyadh in Saudi Arabia. His leadership as well as that of his brother have seen the company grow to become a leading private shipbuilding group in Europe and the Middle East. The company’s biggest stepping stone to success has to be when it acquired Constructions Mecaniques de Normandie (CMN) in the early 1990s.