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HCI Capital takes over König & Cie

The HCI Group, a German private equity firm, has acquired the majority stake in the König & Cie. Group. “The acquisition of König & Cie. is a strategically meaningful supplement of the power spectrum of the HCI Group, which has positioned itself as investment and asset manager specializing in the maritime sector,” HCI said in a release on Saturday.

The HCI Group takes over the shares of the previous American investors Tennenbaum Capital Partners and Delos Shipping subject to the approval of antitrust authorities.

Jens Mahnke, managing director of König & Cie, will join the HCI board.

“The new board is actively working on expanding the business to the joint structures and the integration of the two houses,” HCI said in the release.

The two companies bring some 220 vessels under management of which 180 are KG ships.


Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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