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ThyssenKrupp Sells Blohm + Voss


Find this in the Making Waves section of our digital edition.

German superyacht builder Blohm + Voss, builder of iconic yachts—many figuring on the Top 100 list—will soon have new owners. UK-based STAR Capital Partners (a private equity investment firm) has entered into an agreement with ThyssenKrupp Marine Systems to acquire Blohm + Voss Shipyards and several other affiliated companies in the yachting division. The tentative purchase agreement (subject to the usual regulatory approvals) does not include ThyssenKrupp’s significant military activity. Lengthy negotiations and a tentative agreement with Abu Dhabi Mar several months ago had reached a dead end. Blohm + Voss has carved a niche in the superyacht segment with daring and unconventional designs. The project pictured here is for an 88-meter motoryacht, with a Michael Leach Design, presented at the 2011 Monaco Yacht Show.

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