Blohm + Voss Repair sees excellent prospects in the growing offshore sector – a sector where the company already possesses important expertise. Its service portfolio not only comprises the complex and technologically requiring conversion of vessels and craft for oil and gas platform supply, but also services for vessels and platforms in the offshore wind power sector.

Hamburg´s Blohm + Voss Shipyard

Its leading position in retrofitting and services for cruise liners and merchant ships will also be expanded to a similar degree. Blohm + Voss Repair also sees potential growth in retrofitting and modernization work for mega-yachts – a field in which the company has a long and distinguished record. Development of the Oil Tools unit will also be prioritized: a sector where Blohm + Voss Repair has also worked hard to acquire a strong market position.

Shipbuilding supplier Blohm + Voss Industries, one of the world´s market leaders within its segment, will also be expnading its service business to cover all of the key shipping markets worldwide. For decades, shipbuilders and shipowners have relied on the quality and reliability they can expect from components made by Blohm + Voss Industries.

Based in London, the new owners of Blohm + Voss, Star Capital Partners, specialize in the financing of capital-intensive businesses. The investment company was formed in 2000 and manages total funds of around a bilion euros. SCP provides promising companies in growth markets with capital in order to both finance ongoing activities and develop new business. Its objective is to achieve – or to secure – the acquired company´s position as the leader in its market.

“Investors Star Capital Partners are an excellent match for Blohm + Voss,” emphasizes Dr. Herbert Aly, in commenting on the change of ownership. “Their commitment will enable all three companies to continue to develop their business models, since we are not only active in booming markets but have a huge market potential. Thanks to SCP, the shipyard will be retained, and SCP also offers excellent prospects for our highly-qualified and dedicated workforce.”