Star Capital to consolidate the Blohm + Voss portfolio

Blohm + Voss’ (B+V) parent company, Star Capital and Partners, is to sell the shipbuilder’s Oil Tooling Division, further reducing the size of B+V’s portfolio and placing greater emphasis on its yachtbuilding and refit expertise.

SuperyachtNews.com has learned that the intention is to return to the ‘core business’ of the shipyard, and this has also prompted the sale of B+V’s mechanical engineering division, which is in its final stages of negotiations.

The shipyard’s new build activity will focus on securing superyacht contracts, whilst the refit branch – Blohm + Voss Repair - which is located in the same vicinity, will include commercial work to supplement the new build operations.

Blohm + Voss currently has H2-designed 81.5m Graceful nearing completion – a superyacht project that Blohm + Voss assumed control of in May 2012. Star Capital has targeted a further three superyacht orders over the next five years.



Profile links

Blohm + Voss Shipyards GmbH

Blohm + Voss Repair GmbH

H2 Yacht Design

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