Skip Navigation

Company News, 2008-04-10, 10:00 AM

Best owner found for Nobiskrug

As part of its active portfolio management activities, ThyssenKrupp Technologies is selling the Rendsburg/ Germany-based shipyard Nobiskrug GmbH. Nobiskrug, a subsidiary of ThyssenKrupp Marine Systems, has 400 employees and generated sales of 81 million euros in fiscal 2006/2007.

The buyer, Guernsey based Eagle River Capital Ltd., is part of a group of companies focused on the production and sale of ship components, providing also engineering services and commercial facility management.

With Nobiskrug, Eagle River Capital Ltd. acquires a long-standing inland shipyard, established in 1905, which is focused on the construction of mid-size mega yachts and provides refitting and repair services.

The acquisition takes economic effects retroactively as of October 01, 2007 and is subject to the approval of the supervisory bodies.

To the top