The story
During World War II, Flender Werke built 2 Type II and 40 Type VII U-boats for the Kriegsmarine.
After the war, Flender Werke continued to build merchant ships, and in 1973 it was renamed Flender Werft AG. In 2002, it was forced to close because of insolvency.
From Wikipedia’s article on Flender Werke, shared under CC BY-SA 4.0.4