The European Commission has given the go ahead for deal that will see some of the most iconic names in German shipbuilding come under the control of a company based in the United Arab Emirates.
Abu Dhabi MAR, a holding company based in Abu Dhabi, is a fast-growing international shipbuilding group. The company has capacity for the construction of naval ships and civil ships up to a length of 200 meters. The holding company is jointly owned by the Al Ain International Group (70%) and Privinvest (30%). H.E. Ahmed Darwish Al Marar is Chairman of the Abu Dhabi MAR Group and Iskandar Safa its Managing Director. The company has orders in hand of more than 1 billion euros. The shipbuilding group currently has 2,000 employees worldwide.

ThyssenKrupp AG
ThyssenKrupp’s Marine Systems business area is a leading European systems house supplying submarines, naval surface ships and premium segment yachts to customers globally. The company's outstanding shipbuilding competence includes repairs, services and ships’ components. The roughly 8,000 employees of ThyssenKrupp Marine Systems in Germany, Greece and Sweden are committed to meeting a broad range of challenges.

Contact:

Brunswick Group, Frankfurt (für Abu Dhabi MAR)
Gundolf Moritz / Alexa von Wietzlow
Phone: +49 (69) 24005510
e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Brunswick Group, Abu Dhabi (für Abu Dhabi MAR)
Alex Blake-Milton / Jeehan Dahman Balfaqaih
Phone: +971 2 4012692
e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

ThyssenKrupp AG
Cosima Rauner
Corporate Center Communications, Strategy & Technology
Business Area Marine Systems
Phone: +49 (201) 106-53249
e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

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