Blohm & Voss' civil business

Blohm & Voss provides high-quality maritime services, focusing on shipbuilding, repair, and maintenance, catering to a diverse clientele in the naval, commercial, and luxury yacht sectors. Founded in 1877, Blohm & Voss is headquartered in Hamburg, Germany. The company operates in the maritime industry, specializing in shipbuilding and repair. In September 2016, Lurssen acquired the remaining divisions of Blohm & Voss from STAR Capital Partners.

Blohm & Voss has successfully completed five deals, with the most recent funding round, a GROWTH round, raising EUR 60. 00 mn from STAR Capital, reflecting the total amount raised. Blohm & Voss specializes in high-quality maritime services and products, focusing primarily on shipbuilding, repair, and maintenance. The company is known for its innovative approach to vessel design and engineering, providing tailored solutions that enhance the operational efficiency and lifespan of maritime assets.

Key offerings include the construction of specialized naval vessels, luxury yachts, and commercial ships, alongside comprehensive repair and modernization services. Blohm & Voss serves a diverse client base that includes government agencies, private yacht owners, and commercial shipping companies across various geographical markets, including Europe, Asia, and North America. By leveraging advanced technologies and materials, the company addresses critical challenges in the maritime industry, such as sustainability, safety, and performance enhancement. Blohm & Voss generates revenue through a combination of direct sales and service contracts with clients in both the public and private sectors.

The company's business model typically involves B2B transactions, where clients engage the firm for shipbuilding and maintenance services under negotiated contracts. Revenue is derived from the sale of custom-built vessels and repair services, with specific pricing structures often tied to the scope and complexity of each project. Flagship offerings, which are central to the company's identity, include bespoke yachts and advanced naval vessels designed for specialized missions. The revenue from these projects reflects the bespoke nature of the services provided, capturing a premium for the quality and expertise associated with the Blohm & Voss brand.

Blohm & Voss is focused on expanding its product offerings and geographic reach. The company is developing new specialized naval vessels and luxury yachts targeted for launch within the next few years. Blohm & Voss aims to enter new markets in Asia and North America to tap into emerging demands for maritime services by 2025. The recent GROWTH funding of EUR 60.

00 mn will be instrumental in supporting these initiatives, helping to enhance their design capabilities and expand their operational facilities.