Blohm & Voss May Be Listed on Bourse in Five Years, FAZ Reports

Blohm & Voss, the German shipbuilder sold by ThyssenKrupp AG (TKA) to Star Capital Partners, may be listed on the stock exchange or sold to a strategic investor in four to five years, Frankfurter Allgemeine Zeitung reported today, citing an interview with Blohm & Voss Managing Director Herbert Aly.

The company will be able to “safely march through” the coming years with the capital that Star Capital will invest, Aly said, according to the newspaper.

Blohm & Voss still expects to sign a contract with a Russian client this year for the construction of a luxury yacht, Aly said, adding that the company is also in negotiations about other such projects.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.