Varnet Marine Group (VMG)

The Varnet Marine Group (VMG) is a privately held Perantsan conglomerate active in naval engineering, commercial shipbuilding, and metals manufacturing. Headquartered in Peran, Perantsa, the group controls major maritime assets, including Peran Steel Works (PSW) and the Peran Shipyard, one of the nation’s largest naval production centres.

• Traces its origins to the Varnet Maritime Workshops, founded in 1946 by industrialist Henri Varnet following the post-war expansion of Perantsa’s shipbuilding sector.
• Reorganised under the Varnet Marine Group during the privatisation wave of the 1980s.
• Remained under family ownership, managed by Henri’s sons Mathieu and Laurent Varnet, whose leadership marked a period of rapid expansion and modernisation.

• Sectors: naval engineering; commercial shipbuilding; metals manufacturing.
• Controls: Peran Steel Works (PSW); Peran Shipyard.
• Diversification: marine steel fabrication and luxury yacht construction through the PSW subsidiary.

• In the early 2000s, VMG secured long-term contracts with the Perantsan Defence Forces (PDF) to produce and service Kheron-class patrol corvettes and offshore patrol platforms.

• Type: Privately held conglomerate
• Abbreviation: VMG
• Headquarters: Peran, Perantsa
• Subsidiary noted: Peran Steel Works (PSW)

• Varnet Brothers
• Peran Shipyard