Dallas-based Delos Shipping and Tennenbaum Capital Partners of Los Angeles have taken an 80% chunk of the company in a move that will see Tobias Konig and Jens Mahnke retain a 20% stake and stay on as managing directors.  

Konig & Cie did not reveal the size of the investment but said the entire amount has been used to “settle, restructure or waive all of the company’s liabilities”.

The