Family-owned Bremen shipyard Lurssen has bought the Blohm+Voss plant in Hamburg.
Lurssen said a new long-term relationship will strengthen its shiprepair activities.
It has completed a takeover from private equity investor Star Capital Partners, which acquired B+V from ThyssenKrupp in 2011.
“With the acquisition of Blohm+Voss we are taking over a shipyard with a strategically advantageous location and versatile production facilities,” said managing partner Peter Lurssen.
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