MPC Capital AG's Majority Shareholder Changes Hands

MPC Capital AG has announced a shift in its majority ownership as Thalvora Holdings GmbH acquires 74.09% of the company's shares. The acquisition price is set at EUR 7.00 per share. Thalvora Holdings is a subsidiary of Castor Maritime Inc., headed by Greek entrepreneur Petros Panagiotidis. This transaction is expected to finalize in December 2024.

The strategic investor, Thalvora, is aligned with MPC Capital's current operations and strategic direction. The focus will be on advancing investment solutions in maritime and energy infrastructure. The agreement maintains MPC Capital's listing on the Frankfurt Stock Exchange.

MPC Capital's supervisory board will see changes, with Ulf Holländer expected to become Chairman. New appointments to the board are anticipated before the company's next Annual General Meeting.