MSC Nears Deal for Meyer Werft Stake
MSC is nearing an agreement to acquire an 80 percent stake in German shipbuilder Meyer Werft from the federal government and Lower Saxony. The potential deal follows a previous state rescue and involves joint ownership plans with the founding Meyer family.
Germany and Lower Saxony are nearing an agreement giving Geneva-based shipping group MSC the right to acquire an 80% stake in Meyer Werft. The stake originates from a state rescue package in late 2024 when federal and regional authorities injected €400M ($441M) in equity. The potential transaction could reshape ownership of the historic shipbuilder as talks continue toward a joint structure with the founding family.
