Abu Dhabi MAR

Abu Dhabi MAR (ADM), a holding company based in Abu Dhabi, is an international, fast growing shipbuilding group. It is one of the leading shipbuilders in the Persian Gulf.

The group employs 2,000 people and is particularly concerned with the construction of frigates, Mega Yachts and repair of ships. Previously, ships can be placed up to a total length of up to 200 meters at Kiel.

The shares of the holding company founded in 2007, is jointly owned by Al Ain International Group (70 percent; Owner: Dhafir Al Sahmi Ahbabi ) and Privinvest (30 percent; Owner: Family Safa ) held. Ahmed Darwish Al Marar is Chairman of the Abu Dhabi MAR and the Iskandar Safa Frankolibanese is the CEO and engine of the company. The order backlog of the company amounts to more than 1 billion euros.

Buy ThyssenKrupp shipyards

In October 2009 it was announced that Abu Dhai MAR wanted to acquire 80 percent stake in German shipyards Blohm Voss Shipyards, Blohm Voss Repair GmbH and and 50 percent of the marine area of ​​the Blohm Voss of ThyssenKrupp Marine Systems. The marine area should be operated as a joint venture and " Blohm Voss Naval ' hot, with ThyssenKrupp should retain the lead in orders from the NATO and Abu Dhabi MAR for the Middle East and Africa. On 24 March 2010 the Supervisory Board of ThyssenKrupp Marine Systems approved the partial sale.

In April 2010, Abu Dhabi MAR bought the German original Blohm Voss of ThyssenKrupp Marine Systems (TKMS ); the sale agreement includes the acquisition of Blohm Voss Shipyards, and manufacturing facilities for civil ship of the former HDW Gaarden including employees in Kiel. In addition, Abu Dhabi MAR acquires 80 per cent of the Hamburg Blohm Voss Repair and Blohm Voss Industries. The two companies also agreed on a partnership that involves the establishment of a 50:50 joint venture for the design and project management of naval shipbuilding. In September 2010, TKMS and Abu Dhabi MAR have also agreed on the sale of 75.1 percent of the Greek subsidiary Hellenic Shipyards.

In a press release dated 1 July 2011, ThyssenKrupp announced that the sale of Blohm Voss but not concluded. Only the civilian part of HDW is sold to Abu Dhabi MAR.

According to informed sources the Abu Dhabi fund Mubadala will enter at Abu Dhabi MAR. The shipyard group is thus under the control of one of the largest sovereign wealth fund in the world. It is thus an economic integration of previously fraternized sovereign wealth funds.

The Group's brands

  • ADMShipyards (Abu Dhabi / UAE)
  • Nobis Krug, Rendsburg ( belongs since 2009 to the group )
  • Constructions Mécaniques de Normandie ( CMN) (Cherbourg / France)

Investments

  • German HDW - Werft (HDW), civil part
  • Hellenic Shipyards (HSY ), 75 percent
Types of business entity Hamdan bin Zayed bin Sultan Al Nahyan Chief Executive Officer Hellenic Shipyards Co. Mubadala Development Company Nobiskrug
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