The Cypriot shipping company Castor Maritime Inc., which is owner of a fleet consisting of ten bulk carriers and three container ship, will acquire control of the German MPC Münchmeyer Petersen Capital AG (MPC Capital), a management of investments in the naval and energy sectors. Today the Castor, through its wholly owned subsidiary Thalvora Holdings GmbH, has entered into a share buyback agreement with MPC Münchmeyer Petersen & Co. GmbH (MPC Holding), which owns 51% of the capital of MPC Münchmeyer Petersen Capital AG, and with other shareholders of the company under which will acquire 26.1 million shares in MPC Münchmeyer Petersen Capital AG, equal to 74.09% of the total share capital, unit price of 7.00 euros, for a total investment of the value of 182.8 million euros. The completion of the transaction is expected by the end of the month.

Listed on the Frankfurt Stock Exchange since 2000, MPC Capital has a total assets under management worth 4.8 billion euros.