Rickmers Holding AG initiates investor process

16 June 2017


Rickmers Holding AG initiates investor process

• Selection of internationally renowned investment house Macquarie Capital intended for the upcoming investor process
• Change in the Management Board of Rickmers Holding AG
• Operational business and vessel operations are stable

With the approval of the Creditors Committee and the Provisional Administrator the Management Board of Rickmers Holding AG has selected the internationally renowned investment house Macquarie Capital for the upcoming investor process. The objective is to acquire one or more investors for the Rickmers Group.

With the mutually agreed resignation of Dr Ignace Van Meenen, CEO of Rickmers Holding AG, the Supervisory Board appointed the long-standing managers of Rickmers Group Frank Bünte (CRO / Deputy CFO) and Holger Strack (COO) to the Management Board of Rickmers Holding AG with a view of ensuring the business continuity.

The operational business and vessel operations of Rickmers Group (in particular ship management services) are running stable within the self-administration of the parent company of the Rickmers Group (Rickmers Holding AG).

About the Rickmers Group
The Rickmers Group is an international service provider in the maritime transport sector and a vessel owner, based in Hamburg. In the Maritime Assets segment the Rickmers Group is active as Asset Manager for its own vessels and also for those of third parties. The Group initiates and coordinates shipping projects, organises financing and acquires, charters and sells ships. In the Maritime Services business segment the Rickmers Group provides shipmanagement services for its own vessels as well as for those owned by third parties; these services comprise technical and operational management, crewing, newbuild supervision, consultancy and insurance-related services.


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Jens Hecht
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