icon_arrow_down icon_arrow_left icon_arrow_left_large icon_arrow_right icon_arrow_right_large icon_arrow_up icon_bullet_arrow icon_call icon_close icon_facebook icon_googleplus icon_grid_off icon_instagram icon_login icon_mail icon_menu icon_message icon_minus icon_pinterest icon_plus icon_quote_end icon_quote_start icon_refresh icon_search icon_tick_on icon_twitter icon_video_play icon_youtube

Sign up to our mailing list for the latest Boat International & Events news.


Missing your newsletter?

If you’ve unsubscribed by mistake and would like to continue to hear about the latest Boat International & Events news, update your preferences now and let us know which emails you’d like to receive.

No, thanks
Blohm&Voss yard changes hands in €150 million deal

Blohm&Voss yard changes hands in €150 million deal

ThyssenKrupp has agreed to sell its Blohm&Voss yard to British private equity group Star Capital Partners in a deal reportedly worth €150 million.

The sale marks the latest step in ThyssenKrupp’s efforts to slim down its portfolio and in future the company will focus on naval vessels and submarines, in addition to its steelmaking, elevator, plant technology and components activities.

Renowned for building some of the world’s most notable superyachts, Blohm&Voss, recently delivered the largest-ever private yacht, the 162.5m Eclipse, to her Russian owner.

The deal covers Blohm&Voss Shipyards, Blohm&Voss Repair and Blohm&Voss Industries and their subsidiaries.

ThyssenKrupp originally planned to sell its civilian shipbuilding assets to Abu Dhabi MAR but the deal collapsed in July after political turmoil in the Middle East derailed a planned joint venture.

Upgrade your account
Your account at BOAT International doesn't include a BOAT Pro subscription. Please subscribe to BOAT Pro in order to unlock this content.
Subscribe More about BOAT Pro