Independent journal on economy and transport policy
05:02 GMT+1
This page has been automatically translated by Original news
The Americans Delos Shipping and Tennenbaum Capital Partners have acquired 80% of the König & Cie.
the German society has reached and an agreement with the creditors
May 23, 2013
The American societies of private equities Delos Shipping and Tennenbaum Capital Partners (TCP) have acquired 80% of the capital stock of the German König & Cie., society that carries out mainly investments in ships. The quota is yielded by Tobias König, than in 1999 it has founded the company of which he is managing director, and by Jens Mahnke, that he has become associate of Tobias König in 2008 and has the assignment of delegated Co-administrator. König and Mahnke will continue to guide the German society.
The income of the new investor Americans allows with König & Cie. to resolve the economic problems of the society, emerged after the crisis financial institution of 2008, the following deterioration of the field of the shipping and markets KG, and to reach an agreement with the creditors.
The German society has explained that, thanks to the support of the two American investor, the process of restructure of the König & Cie. it is completed with success and this allows with the society to continue its activity. "We thank - it has emphasized Tobias König - our credit institutions that the opportunity has caught a glimpse and have supported to us in this along process and they have allowed us to carry out with success the restructure and to conclude the transaction with the aid of our new investor. In the course of last the five years all the team of König & Cie. a lot has worked hardly in order to make of the restructure a success".
"Coming to Amburgo in order to buy the portacontainer of König & Cie. - Brian Ladin has declared, founder of Delos Shipping - I have realized that for us he constituted an optimal opportunity in order to invest in the shipping from a wider platform. The main advantage that we have found is that König & Cie. it is not focused alone on a limited segment, but it offers immense competences in the field of the naval financing. Having center to Amburgo, König & Cie. it is to the center of the industry of the naval financing and has optimal contacts with many credit institutions and a proven experience in acquiring and to restructure with success assets in the field of the shipping".
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
The American societies of private equities Delos Shipping and Tennenbaum Capital Partners (TCP) have acquired 80% of the capital stock of the German König & Cie., society that carries out mainly investments in ships. The quota is yielded by Tobias König, than in 1999 it has founded the company of which he is managing director, and by Jens Mahnke, that he has become associate of Tobias König in 2008 and has the assignment of delegated Co-administrator. König and Mahnke will continue to guide the German society.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
