Independent journal on economy and transport policy
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Undersigned the agreement for the cession of Blohm + Voss to the STAR Capital Partners
It is relative to the navalmeccaniche activities in the civil field
December 12, 2011
The German group ThyssenKrupp has yesterday signed the agreement for the cession of the navalmeccaniche activities in the civil field of the branch ThyssenKrupp Marine Systems to the London investment trust STAR Capital Ltd Partners. ( on 5 December 2011). The cession is relative to the societies Blohm + Voss Shipyards, Blohm + Voss Repair (included Blohm + Voss Oil Tools) and Blohm + Voss respective Industries and the their branches. The shipbuilding activities in the military sector will be maintained by the German group.
ThyssenKrupp has specified that STAR Capital Partners will continue to assure the development of the activity in all the plants that will pass to the British society: "the cession - the managing director of ThyssenKrupp Marine Systems has confirmed, Hans Christoph Atzpodien - is an important step towards an ulterior focalization of the activities of ThyssenKrupp Marine Systems. Meanwhile the change of property will contribute to assure the places of work and the future of the navalmeccanica activity in the various sites of Blohm + Voss"
According to the forecasts, the cession will be completed within the first trimester of the next year.
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