Lürssen to acquire Blohm+Voss

Lürssen announced today (28 September) that it is acquiring the Blohm+Voss yard, subject to approval from the German Fair Trade Commission.

“With the acquisition of Blohm+Voss we are taking over a shipyard with a strategically advantageous location and versatile production facilities,” said Peter Lürssen, managing partner at Lürssen Maritime Beteiligungen GmbH & Co. KG. 

He explained: “We want to use these facilities to complement our existing refit and repair activities and also to offer our customers an ever better service. In addition, we would like to utilise the competence and experience of the shipyard and its employees for the new build of complex naval ships and continue their production at the Hamburg site.

“The construction of yachts at the Hamburg yard will depend on the overall market situation and it is difficult to judge at this time.'

Blohm+Voss CEO Fred van Beers said the yard has gained a long-term strategic owner “who wants to jointly develop our company”.

The two yards have a history of working together, on projects such as the new German Navy Frigate Type F125.

“We are confident that we already have a good basis on which to continue this relationship and to move forwards with the companies under one roof", said Dr. Klaus Borgschulte, Technical Director at Luerssen Werft GmbH & Co. KG

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