“With the acquisition of Blohm+Voss, we are taking over a shipyard with a strategically advantageous location and versatile production facilities,” Peter Lürssen, managing partner at Lürssen, stated in a press release. “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,” he adds, “we would like to utilize 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.”
Once the German Fair Trade Commission approves the deal: Lürssen will have six shipyards with about 2,800 employees in northern Germany.