Rickmers turns away from German ownership structure

German shipping group Rickmers will become a stock company, thus turning its back for good on the special KG corporate structure.

Rickmers Holding, the parent company of Germany shipping conglomerate Rickmers Group, is now moving away from the traditional and uniquely German KG corporate structure in order to become a de-facto stock company, says Rickmers in a statement on its website, describing the move as a milestone in the company's history.

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