Lürssen acquires Blohm+Voss

THE BIRTH OF A NEW ICONIC PARTNERSHIP

This year Monaco Yacht Show has been the theater of an incredible information which will certainly change the luxury superyacht industry: family-owned and Bremen based shipyard, Lürssen and Blohm+Voss shipyard in Hamburg are embarking on a new future together. With the acquisition of Blohm+Voss, Lürssen is entering into a long term relationship to strengthen their portfolio in the repair and refit activities for yachts, naval and commercial ships as well as enhancing its naval new build activities within their corporation.

“With the acquisition of Blohm+Voss we are taking over a shipyard with a strategically advantageous location and versatile production facilities. We want to use these facilities to complement our existing refit and repair activities and also to offer our customers an ever better service,” explains Peter Luerssen, Managing Partner at Lürssen Maritime Beteiligungen GmbH & Co. KG. “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 currently has an 80-meter in build. It also recently signed a deal to take over the drydocks at La Ciotat, a well-known refit yard in France.”

With the acquisition of Blohm+Voss, Lürssen is welcoming a new partner into their group with whom there is a long history of successful cooperation. “Based on the long-term and trusted cooperation on all levels between the two shipyards – we are currently working together on the construction of 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”, says Dr. Klaus Borgschulte, Technical Director at Luerssen Werft GmbH & Co. KG.

CEO at Blohm+Voss, Fred van Beers comments, “For Blohm+Voss, customer focus and service take priority. With Lürssen we are gaining a long-term strategic owner who wants to jointly develop our company and expand our core business services.

Imperial wishes all the best to this new German giant, being sure this new strategic partnership will open a new era for the luxury superyacht industry.

 

All texts: copyright SuperyachtTimes.

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