In August, employees of Germany's Blohm + Voss, learned that parent ThyssenKrupp was negotiating the sale of the Hamburg shipbuilder's civilian assets to a British investor (see earlier story).
Now, though, comes news of an offer that could keep Blohm + Voss in German hands. Broadcaster NDR is reporting that Bremen-based Lürssen Werft has made an offer for the whole Blohm + Voss operation - naval as well as military.
Both companies are involved in the construction of military ships for the German Navy and compete with each other in the mega yacht market. Interestingly, though, NDR reports insiders as saying that Lürssen is particularly interested in the Blohm + Voss ship repair business.
September 15, 2011