An investment firm out of Munich, Aurelius, has bought a stake in Peter Deilmann, which still operates the luxury Deutschland cruise ship. The company ceased river cruising last year.

It was unclear how much of the company Aurelius acquired, but after a fire in Norway earlier this year, the Deutschland was in need of repairs, with an estimated bill of 2 million euro. Rumors were afloat about the ship being on the selling block along with various arguments with travel agents over cancelled sailings.

Reports out of Germany suggest that Aurelius has taken a majority stake in Peter Deilmann, promising to invest eight figures. Cruise Industry News could not confirm this.

Cruise Industry News Email Alerts