In a meeting of the creditor committee, and acting on the suggestion of the insolvency administrator, Berthold Brinkmann, P+S WERFTEN decided in favor of the Lürssen Group (Bremen) as the buyer of the Peene shipyard in Wolgast. This decision is subject to approval by the creditors holding liens on the property. The purchase agreement has already been concluded. As of May 1, 2013, the Lürssen Group will acquire the compact shipyard with its repair and new construction area. The purchase is also subject to approval by the Federal Cartel Office. The purchase price is less than 20 million euros. Berthold Brinkmann: “Lürssen offered the best purchase price.