If you ever wanted to own a piece of a shipyard, now’s your chance. Abeking & Rasmussen has become a publicly traded company.
Effective last month, Abeking & Rasmussen changed its corporate structure from that of a limited partnership to a stock company, under the name “Abeking & Rasmussen Schiffs- und Yachtwerft Aktiengesellschaft.” In a statement, the yard says the decision was made to position itself for future challenges. “Furthermore, the company widens its public focus and establishes a better transparency towards all stakeholders,” it concludes.
As part of the move, Hermann Schaedla, who ran the yard for nearly 50 years, has stepped down as CEO and joined a new supervisory board. Hans Schaedla, a familiar site at boat shows (and Hermann’s son), is the new CEO.
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