As of September 1, 2011, the contracts for the acquisition of the former HDW Gaarden GmbH in Kiel have entered into force. Abu Dhabi MAR Kiel GmbH starts with 172 employees, the facilities, equipment and infrastructure of the former HDW Gaarden, working on first orders of its target markets offshore, mega yachts and construction of special vessels. Management Directors of this new company are Ms Susanne Wiegand and Mr Holger Kahl. The operations manager is Mr Christian Schmitt, who already held a leading position at HDW Gaarden’s surface vessel division for several years. Abu Dhabi MAR Kiel is currently building a 75 m yacht and an offshore transformer platform. Start of construction of a second offshore transformer platform, for which an order has already been placed, will be in due course. Further projects in the company’s main fields of activity are currently in good progress. These projects will guarantee full capacity utilisation in the future. In order to ensure a long-term and optimal utilisation of the facility in Kiel and a competitive cost structure, a close cooperation with Nobiskrug GmbH in Rendsburg providing major services has been established. Abu Dhabi MAR Kiel and Nobiskrug are members of an international group of shipyards with operational sites in Germany, England, France, Greece and Abu Dhabi.