For more than 25 years, Hobro Boatyard ApS has been owned by Gunnar Brink Christensen and the yard could celebrate its 150th anniversary in 1999.
As of 1 January On January 1, 2008, Hobro shipyard ApS has been acquired by Otto and Peter Leth.
Hobro was until 1 January 2007 also a municipality (Danish, kommune) in North Jutland County covering an area of 166 km² and with a total population of 15,318 (2005). Its last mayor was Jørgen Pontoppidan, a member of the Venstre (Liberal Party) political party.
Hobro municipality ceased to exist due to Kommunalreformen (“The Municipality Reform” of 2007). It was merged with Arden, Hadsund, and Mariager municipalities to form the new Mariagerfjord municipality. This created a municipality with an area of 769 km² and a total population of 43,049 (2005). The new municipality belongs to Region Nordjylland (“North Jutland Region”).