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STAR Capital Partners announces the sale of its investment in Blohm + Voss Industries

9 January 2013

STAR Capital Partners (“STAR”) announces the sale of Blohm + Voss Industries GmbH (“BVI”) to SKF Group, a leading global supplier of bearings, seals, mechatronics, lubrication systems and services.

BVI, a leading manufacturer and servicer of premium quality equipment for critical marine applications, was acquired by STAR in January 2012 from Thyssen Krupp AG as part of its broader acquisition of the non-military parts of the Blohm + Voss Group.

The remaining Blohm + Voss businesses under STAR’s ownership are unaffected by this sale.

The sale is subject to regulatory approval which is expected in the next few weeks.

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