Klaus Borgschulte News

The German Fair Trade Commission has approved the acquisition of Hamburg shipyard Blohm+Voss GmbH by the Bremen-based, family-owned company Luerssen Maritime Beteiligungen GmbH & Co. KG, a specialty designer, manufacturer and repairer of yachts over 60 meters and military ships. The purchase agreement was signed at the end of September 2016, and now, following the official approval, formal ownership will be transferred from the previous owner, the Funds of the British private equity investor Star Capital Partners.

With the closing on January 5, 2005, the marriage between ThyssenKrupp Werften and HDW has been formally consummated. This date also marks the official inception of ThyssenKrupp Marine Systems, the new group parent headquartered in Hamburg. Essentially, ThyssenKrupp Marine Systems comprises the following subsidiaries: Howaldtswerke-Deutsche Werft GmbH, Kiel; HDW-Nobiskrug GmbH, Rendsburg; Blohm + Voss GmbH und Blohm + Voss Repair GmbH, Hamburg; Nordseewerke GmbH, Emden; as well as Kockums AB, Sweden, and Hellenic Shipyards S.A., Greece. ThyssenKrupp Marine Systems represents a sales volume of around €2.2 billion and presently employs a workforce of 9,300. Dr. Klaus Borgschulte chairs the new company as CEO. Ulrich Ziolkowski is its CFO, while Reinhard Kuhlmann heads Human Resources.