Depa Limited, the Dubai-based interior design company that fitted out the Burj Khalifa, has announced a project award of more than AED130 million ($35.3 million).
It said its European-based unit, Vedder, has secured an interior fit-out package for a privately owned superyacht.
Vedder is Depa’s European business specialising in the provision of interior solutions to the superyacht, private jet and high-net-worth residence fit-out markets.
The project will be one of the largest projects ever delivered by Vedder, Depa said in a statement.
Hamish Tyrwhitt, Depa’s group CEO, said: “Vedder is widely recognised as the world’s leading interior fit-out service provider for superyachts. Vedder’s reputation and longevity is a testament to the quality of its work.
"As a result, Vedder continues to secure major projects, such as this new superyacht project, from Europe’s leading shipyards. With the award of this project and a recent residential project in Florida, Vedder’s backlog stands at record levels.”
Last month, Depa Limited announced its listing on the London Stock Exchange has been cancelled.For all the latest car news & reviews from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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