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PRESS RELEASE: MS DEUTSCHLAND to carry on operating under the German flag with a new majority shareholder

DGAP-News: MS 'Deutschland' Beteiligungs GmbH / Key word(s): Acquisition MS DEUTSCHLAND to carry on operating under the German flag with a new majority shareholder

08.01.2014 / 19:01

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PRESS RELEASE

MS DEUTSCHLAND to carry on operating under the German flag with a new majority shareholder

- Callista Private Equity to continue present management strategy

- Christopher Nolde takes stake in MS Deutschland Holding as a minority shareholder

Neustadt in Holstein, 8 January, 2014. MS Deutschland Holding, the majority shareholder of MS 'Deutschland' Beteiligungsgesellschaft mbH ('MS Deutschland GmbH') with a holding of 95%, is gaining a new majority shareholder in the form of Callista Private Equity GmbH & Co. KG ('Callista Private Equity'). Callista Private Equity, a Munich-based private equity investor, is acquiring the majority stake in MS Deutschland Holding from AURELIUS AG ('AURELIUS'), which is to retain a minority interest.

Callista Private Equity is planning to retain and press ahead with the management strategy initiated by MS Deutschland Holding together with the existing management team. The ship, MS DEUTSCHLAND, will continue to operate under the German flag. Christopher Nolde, who joined the management of MS Deutschland GmbH at the beginning of 2013, is also taking a stake in MS Deutschland Holding as a minority shareholder under the terms of the transaction. In his function as Managing Director, Christopher Nolde will continue to help expedite implementation of the strategy that the company is applying and shape the consistent positioning of the DEUTSCHLAND in the luxury segment.

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PRESS RELEASE: MS DEUTSCHLAND to carry on operating under the German flag with a new majority shareholder