EQS-News

Wilhelmsen and MPC Capital acquire Hamburg-based ship manager Zeaborn - Seite 2

Wilhelmsen and MPC Capital actively drive market consolidation

The expanded joint ship management activities of Wilhelmsen and MPC Capital will continue to be managed from Hamburg with more than 150 vessels in technical management. Wilhelmsen and MPC Capital, both established groups with strong family ties, are thus actively driving market consolidation and advancing Hamburg’s position as a major ship management hub.

Carl Schou, CEO and President of Wilhelmsen Ship Management, says: “We are excited to expand our cooperation with MPC Capital, based on an already successful partnership. The acquisition of Zeaborn is our strategic move to expand and strengthen our market presence in the ship management arena. The transaction will increase our vessels in management to a size that we are confident that we can continue to deliver the best ship management services to our existing and future customers. We are committed to ensuring a successful integration that prioritizes our customer’s interest.“

Ulf Holländer, CEO of MPC Capital, says: “As a Hamburg-based company with an outstanding track record in shipping activities we feel many overlaps in tradition and values with the Wilhelmsen group as our partner. As such, we are excited to grow our ship management platform. With the integration of Zeaborn’s complementary client base and services we further strengthen our market position in the ship management business. Combining our expertise with that of Zeaborn will allow us to deliver an outstanding service offering.”

The closing of the transaction is expected for Q1 2024 and is subject to approval by the competent antitrust authorities.

About MPC Capital AG (www.mpc-capital.com)

MPC Capital is a global asset and investment manager for real assets focusing on Real Estate, Renewables and Shipping. Its range of services comprising the selection, launching, development, structuring, active management, and sale of investments. With around 200 employees and almost 30 years of experience, MPC Capital offers institutional investors access to investments in selected markets with attractive opportunities for growth and returns. As a responsible company with a family background that has been listed since 2000, MPC Capital helps to raise the financing required for achieving global climate targets.