Company News, 2011-08-04, 07:35 AM
Statement on speculation about German-French shipyard alliance
In response to persistent speculation about the formation of a joint venture by ThyssenKrupp Marine Systems and the French shipyards group DCNS or a merger of the two companies, ThyssenKrupp AG issues the following statement:
ThyssenKrupp Marine Systems is not planning a joint venture with the French shipyards group DCNS, nor are there any plans for a merger or other partnership or alliance with the French shipyards. No talks on this are currently being held by the companies and no talks are planned.
While there have been repeated attempts to form an alliance between the German and French shipyards in the past, ThyssenKrupp currently sees no prospects of a merger or closer alliance between the two shipyards groups; this applies both to the submarine area and to naval surface vessels (frigates/corvettes/supply vessels). Not least to prevent confusion among potential customers, ThyssenKrupp felt it necessary to issue this supplementary statement.
This does not affect the collaboration in the field of naval technology between Atlas Elektronik – a joint venture of ThyssenKrupp Marine Systems and EADS - and DCNS in relation to the development and delivery of torpedos.