Abu Dhabi investors acquired 75.1% stake in Greek Skaramangas shipyards
Abu Dhabi Mar, a holding company based in Abu Dhabi, will invest in the Greek shipbuilding and repair sector through the acquisition of a majority stake in the Hellenic Shipyards S.A. at Skaramangas.
The new consortium scheme to be headed by Abu Dhabi Mar (with 75.1 percent of the Skaramangas stake), which also includes ThyssenKrupp Marine Systems (TKMS, with a 24.9 percent stake) has the complete approval of the Greek government.
The full release from Athens News Agency follows:
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