News from our Members and Partners

07 May 2019

WFW advises ZEABORN on acquisition of all shares in "ZEAMARINE" joint venture from New Mountain Capital

Watson Farley & Williams (“WFW”) advised Bremen-based Zeaborn Group ("ZEABORN") on its acquisition of all outstanding shares in its "ZEAMARINE" joint venture from partner New Mountain Capital, New York/USA.

In May 2018, ZEABORN and Intermarine, a subsidiary of New Mountain Capital, merged their multipurpose and heavylift activities into a global joint venture named "ZEAMARINE" with offices in Germany, the USA, Denmark, Cyprus, Japan, Belgium, Singapore, Korea, China, Malaysia and Dubai.

Now, after the acquisition of all shares, ZEABORN as the sole shareholder continues to focus on its dynamic and strategic expansion. Above all internationally, ZEABORN emphasises its ambitious growth objectives.

The transaction is subject to approval by the cartel authorities.

ZEABORN is a global shipping company providing services along the entire value chain from financing, commercial and technical management to chartering its own and chartered vessels. It is majority-owned by Bremen entrepreneur Kurt Zech, who also heads the Zech-Group GmbH.

ZEABORN was advised by a cross-border WFW team led by Hamburg Maritime Partner Dr Christian Finnern, supported by Partners Dr Björn-Axel Dißars (Corporate) and Dr Christine Bader (Regulatory). New York Partner John Kissane (Maritime) and London Partner Jeremy Robinson (Corporate) provided additional specialist support.

Hamburg Corporate Managing Associate Torge Rademacher and Associates Julia König and Frank Wacht, London Corporate Senior Associate Vineet Budhiraja, New York Corporate Associate Celinda Metro and Maritime Paralegal Melissa Wasiak and Legal Associate Heela Massod also advised on the transaction.

Christian commented:

"We are very happy to have advised ZEABORN again on a challenging and strategically important transaction for them. Our proven track record of trust and close working cooperation with ZEABORN as well as on the proven team cooperation across the WFW offices contributed significantly to the success of the transaction. It also demonstrates once again that our dynamic and expanding Maritime Services Group is a leading and established advisor to the maritime industry".


About Watson Farley & Williams:

Watson Farley & Williams is an international law firm with offices in Athens, Bangkok, Dubai, Frankfurt, Hamburg, Hong Kong, London, Madrid, Milan, Munich, New York, Paris, Rome and Singapore. The firm currently has 500+ lawyers and over 900 staff. Watson Farley & Williams is a leading international law firm providing services of high quality and value to clients throughout a range of industry sectors, with particular focus on: Energy & Infrastructure, Maritime, Natural Resources, Real Estate and Transport. Lawyers from our international offices work as integrated teams to provide practical, commercially focused legal services. Our locations allow us sufficient geographical spread to be competitive in the global market and to provide consistently high quality legal services to our clients. w:

Member Highlight

Marine Data Systems Limited

Marine Data: Specialises in design, manufacture and testing of marine navigation/control systems and provides products and tailored solutions for the global marine industry. 

Read more