Star Capital buys Bismarck builder for €150m

 

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The Independent Online

The British private equity investor Star Capital yesterday paid €150m (£127m) for the Hamburg shipbuilder which built the Bismarck battleship and Roman Abramovich's Eclipse superyacht.

Star snapped up three marine businesses from German industrials giant ThyssenKrupp, including yacht-builder Blohm + Voss Shipyards, Blohm + Voss Repair, which refits cruise liners including the Queen Mary 2, pictured, and Blohm + Voss Industries, which makes components for oil and gas rigs.

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