Hamburg, January 6th, 2025 – MPC Münchmeyer Petersen & Co. GmbH (MPC), a long-standing anchor shareholder and founding partner of MPC Capital AG, announces the successful sale of its majority stake. Thalvora Holdings GmbH, a subsidiary of Castor Maritime Ltd., led by Petros Panagiotidis, has acquired 74.09 % of the shares in MPC Capital AG at a price of 7.00 euros per share.
Active Management and Successful Partnership
Since its inception in 1994, the investment company MPC Münchmeyer Petersen & Co. has accompanied MPC Capital as an entrepreneurial partner and strategic shareholder through all phases of corporate development and various market cycles. Through guarantees and warranties, MPC Münchmeyer Petersen & Co. enabled the successful IPO in 2000 and provided its extensive international network for the strategic positioning of the company.
Over the years, the owners of MPC Münchmeyer Petersen & Co. have consistently co-determined the fortunes of MPC Capital in management and the supervisory board. Axel Octavio Schroeder served on the Supervisory Board from 2000 to 2015, Dr. Axel Schroeder was CEO from 1994 to 2015 and subsequently took over as Chairman of the Supervisory Board.
In the challenging period following the financial and shipping crisis, the investment company was significantly involved in the development of a young, dynamic management team, which was able to make a successful restart from 2013. Between 2009 and 2012, MPC Münchmeyer Petersen & Co. supported all capital increases and increased its stake in MPC Capital from over 25 % to over 50 %, underscoring its deep commitment and engagement during the restructuring phase.
Furthermore, the investment company was crucial in financing the establishment and development of MPC Container Ships, thereby shaping its rise to a leading provider of feeder tonnage as well as the selection of its leadership personnel.
Generational Change and Strategic Reorientation
After the successful restructuring and realignment of the company, MPC Münchmeyer Petersen & Co. GmbH initiated an early generational change in the management of MPC Capital. With these strategic moves, the company is optimally positioned for future challenges. Given the high maturity level of the container ship market and the significant investment willingness required in a challenging economic environment, MPC Münchmeyer Petersen & Co. GmbH saw an ideal time for the share sale.
“We are convinced that MPC Capital AG was better positioned for a sale in 2024 than ever before. Thalvora as the new strategic anchor investor will not only support the growth of existing activities but also ideally complement the platforms for investment and management solutions,” adds Dr. Axel Schroeder. With the reappointment of the supervisory board and the continuation of its listing on the Frankfurt Stock Exchange, MPC Capital AG is strategically well-placed to further expand its market position and pursue its business goals in the Maritime and Energy Infrastructure sectors.