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HanseYachts Ownership Shift and Job Cuts Confirmed in Strategic Restructuring

Germany's largest yacht builder to transfer majority stake while negotiating financial restructuring and workforce reductions.

In der Firma HanseYachts AG Greifswald arbeiten Bootsbauer an Jachten des Typs „Hanse“.
Hanjo Runde, Vorstandsvorsitzender von HanseYachts, in der Ausstellungshalle des Unternehmens in Greifswald
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Overview

  • Aurelius has signed a term sheet to sell its majority stake in HanseYachts AG to Andreas Müller and CEO Hanjo Runde, pending regulatory and stakeholder approvals.
  • The company plans to reduce its workforce by 200 jobs at its Greifswald facility, citing weak market demand and global economic challenges.
  • Production will continue at full capacity until June 2025 before scaling back to align with declining demand in core markets like the U.S. and Germany.
  • HanseYachts achieved record production and profitability in fiscal 2023/24, with €185 million in revenue and 568 boats produced.
  • Negotiations are ongoing with the Mecklenburg-Vorpommern government, creditor banks, and the works council to finalize the transaction and agree on a social plan and debt restructuring.