DFDS to expand presence in the Med with €1bn takeover of UN Ro-Ro

Danish ro-ro and ferry operator DFDS is set to dramatically expand its presence in the Mediterranean market, agreeing to pay nearly €1bn to acquire Turkish operator UN Ro-Ro from its private equity owners, it announced today.
DFDS will acquire 98.8% of UN Ro-Ro’s shares from Actera and Esas for €950m.
UN Ro-Ro is Turkey’s largest operator of ro-ro freight vessels on five major routes between Turkey and the EU, connecting the Turkish ports of Pendik, …

The post DFDS to expand presence in the Med with €1bn takeover of UN Ro-Ro appeared first on The Loadstar.

Source: The Loadstar

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