Independent journal on economy and transport policy
14:07 GMT+2
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Meyer and Fassmer bought Neptun Ship Design, Germany's largest ship design company
He was part of MV Werften, for which bankruptcy proceedings were initiated
April 13, 2022
Satisfaction with the acquisition agreement was expressed by the insolvency administrator of MV Werften, Christoph Morgen: "I am - he underlined - very happy to have found two famous German companies that intend to keep jobs in Neptun Ship Design and further develop the company».
Meyer Werft's CEO, Bernard Meyer, has highlighted that with the acquisition the group demonstrates the will to strengthen its presence in Rostock, where it is active with the subsidiaries Neptun Weft and Meyer Neptun Engineering and now with Neptun Ship Design. 'The production of special vessels technically complex - commented Harald Fassmer, managing Fassmer partner - it is very demanding relatively to the construction phase and requires a lot of experience. With Neptun Ship Design we are acquiring a partner that in the last has us supported with great competence, for example for the new construction of the Atair powered by liquefied natural gas. In the future - noted Fassmer - shipbuilding specialized will continue to dominate the market of new construction in Germany and Europe. Therefore we see a lot potential in this cooperation'.
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