Friday, 08 September 2017 10:42

Rickmers Group given a life line

475 rickmers

Zeaborn Group and Bertram Rickmers have won a bidding war to acquire the ship management division of Rickmers Group in a transaction that will ensure continued operations of parts of the insolvent carrier. Rikmers filed for insolvency on June 1st.  Completion of the transaction is subject to approval by the Federal Cartel Office and the consortium intends to take over the remaining business units of the Rickmers Group through an insolvency plan. A purchase price in the double-digit millions was agreed between the parties. 

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