BERLIN (Feb. 14, 2013) – SKF’s acquisition of German-based ship components provider Blohm + Voss Industries (BVI) has been approved by the relevant authorities and is now closed. SKF paid around 80 MEUR for 100% of the equity of BVI and assumed net loans of 18 MEUR.
Blohm + Voss
BERLIN (Jan. 9, 2013) – SKF signed an agreement to acquire German-based ship components provider Blohm + Voss Industries (BVI) from Star Capital Partners. SKF will pay 80 MEUR for 100 percent of the equity of BVI and assumes net loans/cash of 18 MEUR. The transaction is subject to relevant regulatory approvals.