PE-firm Tennor Holding takes over loss-making shipbuilder FSG
September 6, 2019
PE firm Tennor Holding, with offices in London, Amsterdam, and Berlin, Acquires Germany’s shipbuilder Flensburger Schiffbau-Gesellschaft from Siem Europe. In 2017 FSG’s revenue was EUR 224m and EBITDA of EUR -6m. Financials of the deal remain undisclosed.
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