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Announced

CLdN to acquire Seatruck Ferries from Clipper Group.

Synopsis

CLdN, a ferry operator, agreed to acquire Seatruck Ferries, a freight-only ferry company, from Clipper Group, an international shipping group. Financial terms were not disclosed. “We are delighted with the agreement, which is in line with our overall strategy of expanding current trades and developing new routes. Seatruck Ferries is an excellent company with a great route network and a strong business model. Seatruck will be a valuable addition to CLdN’s comprehensive route network and particularly adds to our presence in the UK and Irish markets. We look forward to welcome our new colleagues to the CLdN team and together develop new opportunities for the wider group," Florent Maes, CLdN CEO.

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