Mayer Brown advises STAR Capital on sale of Blohm+Voss
29 September 2016
Mayer Brown announced today that it represented British private equity investor STAR Capital Partners on the sale of Blohm+Voss to Lürssen shipyard in Bremen. The purchase price was not disclosed. The transaction is still subject to the approval by the antitrust authorities.
Blohm+Voss is a German shipyard headquartered in Hamburg (Germany). It was founded in 1877 and currently has around 1,000 employees.
STAR Capital Partners is an independent investment fund manager located in London. The company was founded in 2000 and has over EUR 1 billion of equity funds under management. Julian Lemor and, amongst others, Birgit Hübscher-Alt, already advised STAR Capital at the beginning of 2012 on the acquisition of Blohm+Voss’s civil division as well as on the subsequent sale of its engineering division Blohm+Voss Industries to SKF Group and Blohm+Voss Oil Tools to Forum Energy Technologies. Julian and his Mayer Brown team also advised on the merger of the remaining business units Blohm+Voss Repair and Blohm+Voss Shipyards in 2016.
The Mayer Brown team included partners Dr. Julian Lemor (lead), Birgit Hübscher-Alt (both Corporate & Securities), Dr. Ingo Kleutgens, Volker Junge (both Tax, all Frankfurt), Dr. Jens Peter Schmidt (Brussels), of counsel Warsha Kalé (London, both Antitrust & Competition) and Elmar Günther (Real Estate, Frankfurt) as well as associates Miriam Gyun-Mie Meixner, Michael Gläsner, Tina Hoffmann (all Corporate & Securities, Frankfurt) and Matthias Füssel (Employment & Benefits, Frankfurt).