DFDS EXPANDS CAPACITY ON STRAIT OF GIBRALTAR

DFDS has entered into an agreement to purchase part of the assets of Naviera Armas’ Strait of Gibraltar ferry operations. Besides one combined freight and passenger ferry (RoPax) and one high-speed catamaran ferry (HSC), the purchase includes taking over existing permits related to route operations and around 200 employees. The asset purchase price is DKK 240m and the transaction is subject to regulatory approvals.