Lurssen

What Lurssen does

Lürssen is a privately held, family-owned German shipbuilder headquartered in Bremen-Vegesack, operating continuously since 1875 across more than 150 years. The company designs and constructs bespoke motor superyachts ranging from approximately 55m to 180m+, with recent deliveries including the 142m DRAGONFLY (2024), 122m KISMET (2024), and 78.20m ODISEA (2026). Operations span multiple German shipyards (Bremen, Hamburg, Rendsburg), an R&D and design presence in Croatia (Rijeka Innovation Hub plus MARBLE-affiliated research in Zagreb and Šibenik), and a sales office in Fort Lauderdale, USA. The workforce numbers over 2,000 and the company operates one of the largest dry docks in Northern Europe, enabling simultaneous execution of multiple large-scale newbuild and refit programs.

The product portfolio comprises three streams: New Build Yachts (one-off bespoke construction, multi-year contracts, individually quoted pricing), Refit & Restoration Services (project-based, including hull extensions, engine upgrades, and conversions), and Lifetime Support Services (recurring contracts with 24/7 rapid response, spare parts, port documentation, and concierge). The go-to-market is direct enterprise field sales targeting ultra-high-net-worth individuals under strict confidentiality, supplemented by annual presence at the Monaco Yacht Show and active social profiles (Facebook, YouTube, Instagram, LinkedIn, Weibo/Weixin). Technical differentiation includes the first fuel cell installed on a yacht (2021), ongoing Rolls-Royce collaboration on methanol propulsion, a patented compact SCR exhaust system for NOx reduction, and in-house engineering of large complex glass structures.

Commercial mechanics are anchored in confidentiality, project-based one-time payments for newbuilds, and project-based plus recurring service revenue for refit and support. Strategic partnerships include Rolls-Royce (sustainable propulsion and refits), RWD (exterior and interior design), the Lürssen Foundation and Centre of Excellence MARBLE (R&D and talent pipeline), the University of Connecticut (scholarship programme), and the Water Revolution Foundation (industry sustainability). The company is privately held by the Lürssen family, operates through Lürssen Werft Bremen GmbH & Co. KG, and reports no public listing or institutional external investment.

Name

Lurssen

Legal name

Lürssen Werft Bremen GmbH & Co. KG

Website

https://lurssen.com

Company type

Private

Founded year

1875

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Lürssen is a 150-year-old, family-owned German shipbuilder that designs and constructs bespoke superyachts from approximately 55m to 180m+ for ultra-high-net-worth individuals, alongside integrated refit and lifetime support services.

Ownership category

akta.pro rank

Product category

Custom Superyacht Manufacturing

NAICS

Ship and Boat Building (3366), Ship Building and Repairing (336611), Ship and Boat Building (33661)

akta.pro primary industry

Full-Custom Superyacht & Megayacht Manufacturing (IMAJAMAB)

akta.pro secondary industries

Superyacht & Megayacht Manufacturing (IMAJAEAD), Luxury Motor Yacht Manufacturing (IMAJAMAD), Luxury Yacht Refit, Rebuild & Lifecycle Upgrades (MRO) (IMAJAMAJ), Yacht & Recreational Boat Service & Refit (TLAKAKAD)

Keywords

• Custom superyacht construction
• Yacht refit services
• Lifetime yacht support
• Marine engineering
• Megayacht manufacturing

Headquarters

HQ city

Bremen-vegesack

HQ country

Germany

HQ region

Europe

Offices8 records

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Custom Yacht Construction: Bespoke superyacht construction from design through delivery. Projects range from 55m to 156m+ motor yachts. Revenue generated as one-time payments per vessel with multi-year construction timelines.
2. Yacht Refit & Modernization: Complete refit services including hull extensions, engine upgrades, multimedia systems, stabilizers, generators, and cosmetic renovations. Revenue generated from project-based refit contracts.
3. Lifetime Support Services: Ongoing support throughout yacht lifecycle including rapid response team, spare parts, service partnerships, port documentation, crew support, and concierge services. Revenue from service contracts and à la carte services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

Lürssen designs, engineers, and builds fully bespoke custom motor superyachts ranging from approximately 55m to 180m+, alongside comprehensive yacht refit and modernization services and lifetime operational support including 24/7 rapid response, spare parts, and concierge services. The company also manufactures gigayachts and serves as a complete turnkey yard from concept through delivery and beyond.

Product overview

Lürssen is a German luxury yacht builder offering bespoke custom motor yachts ranging from approximately 55m to 180m+, alongside comprehensive refit and lifetime support services. The portfolio includes New Build Yachts (custom construction), Refit & Restoration Services, and Lifetime Support Services. The company also operates the Lürssen Foundation, which offers educational programmes including a Scholarship Programme (six-month R&D programme spanning Croatia, Germany, and the United States) and a Fellowship Programme (InterAction - local residential programme at the Innovation Hub in Rijeka, Croatia focused on maritime innovation). The product line is characterized by advanced engineering capabilities including fuel cell technology, methanol propulsion research, and glass structure development, with notable designs from studios such as RWD, Espen Øino, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• New Build Yachts Bespoke custom motor yacht construction for individual owners. Vessels range from approximately 55m to 180m+, encompassing large motor yachts and gigayachts. Each yacht is engineered and built to the owner's specifications with advanced design, engineering, and manufacturing capabilities integrated under one roof.
• Refit & Restoration Services Complete yacht refit, reconstruction, and modernization services delivered at the Bremen shipyard. Capabilities include hull extensions, custom solutions, commercial-to-luxury conversions, engine modernization, multimedia and IT systems, stabilizers, generators, and certified quality restoration for yachts regardless of original builder. Backed by 2,000+ workforce and one of the largest dry docks in Northern Europe.
• Lifetime Support Services Comprehensive support delivered throughout a yacht's operational lifetime, regardless of original builder. Includes a 24/7 global rapid response team for emergency repairs, spare parts supply, service partnerships, shore support, port documentation, visa and immigration assistance, medical support, crew housing, customs clearance, and concierge services.

Quantifiable outcome

• 20+ sub-80m yachts delivered since 2000 (roughly one-third of all Lürssens built during this period)
• +2 more outcomes

Named customers15 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Centre of Excellence MARBLEcoreStrategic or Co-development Partner · 1 April 2026Strategic partnership between Lürssen Foundation and Centre of Excellence MARBLE for the Innovation Hub in Rijeka. Focuses on maritime robotics, autonomous systems, and sustainable maritime technology research.
• Rolls-RoycecoreStrategic or Co-development Partner · 23 September 2024Strategic collaboration on methanol propulsion systems for large yachts, advancing sustainable maritime technology. Also agreed to collaborate on yacht refits, combining Lürssen's shipbuilding expertise with Rolls-Royce's propulsion technology.
• University of ConnecticutcoreStrategic or Co-development PartnerAcademic partnership for the Lürssen Foundation scholarship programme. Hosts month-long summer school for scholars at University of Connecticut to develop R&D projects.
• Water Revolution FoundationminorStrategic or Co-development PartnerSustainability partnership focused on making sustainability practices standard in the yachting industry rather than optional.
• RWD (RWD Ltd)coreStrategic or Co-development PartnerMulti-award-winning British design studio collaborating on both exterior and interior design of yachts. First partnership with Lürssen for both exterior and interior on ODISEA (78m).

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Nobiskrug: German shipyard specializing in large custom superyachts and sailing yachts. Direct competitor in the European gigayacht market with similar UHNW clientele.
• CRN (Ferretti Group): Italian megayacht builder within Ferretti Group constructing fully custom steel/aluminum motor yachts up to 90m+. Competes for large custom commissions in the Mediterranean market.
• Amels (Damen): Dutch builder of custom superyachts (Limited Editions and full custom) up to ~80m under the Damen umbrella. Direct competitor with comparable product range and refit capability at Damen Vlissingen.
• Feadship: Dutch builder of fully custom superyachts typically 50m-100m+. Direct competitor for the same UHNW buyer pool with comparable bespoke design, engineering, and refit capabilities. Operates multiple yards in the Netherlands.
• Oceanco: Dutch builder of large custom superyachts (often 80m+). Direct competitor in the gigayacht segment with comparable sustainability initiatives (e.g., NEXUS hybrid platform).
• Heesen Yachts: Dutch builder of all-aluminum superyachts in the 50m-80m+ range. Direct competitor in the sub-80m custom segment where Lürssen has been expanding its presence.
• Benetti: Italian superyacht builder (part of Azimut-Benetti Group) producing fully custom and semi-custom motor yachts up to gigayacht size. Directly competes for large custom yacht commissions and shares the Monaco Yacht Show sales channel.

Broad incumbents

• Sunseeker: British volume luxury motor yacht builder (16m-50m). Overlaps with Lürssen in the luxury motor yacht category but serves a mass-luxury segment rather than the bespoke megayacht niche.

Others

• Rolls-Royce Power Systems (MTU): Strategic supplier and partner for marine propulsion (MTU engines) and methanol co-development. Adjacent ecosystem participant rather than a direct competitor, but its technology roadmap directly shapes Lürssen's product capabilities.

Regional players

• Westport Yachts: U.S.-based builder of semi-custom motor yachts (typically 30m-50m). Comparable business model in series-built luxury yachts but focused on the North American market and a smaller size class.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCZ9STaUUtGSxxTzb6lTLHig
• Facebookfacebook.com/LurssenYachts
• LinkedInlinkedin.com/company/luerssen/?originalSubdomain=de
• Instagraminstagram.com/luerssenyachts

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lurssen