Freight News, Sea

Brittany completes Condor purchase

[ March 10, 2020   //   ]

Brittany Ferries has completed its part-purchase of Channel Islands operator, Condor Ferries. The deal, announced last year, had been subject to scrutiny by competition authorities and has now been finalised. Brittany Ferries is the minority shareholder in the company, alongside Columbia Threadneedle European Sustainable Infrastructure Fund. Last year the two companies reached agreement with Macquarie Infrastructure and Real Assets (“MIRA”) for the acquisition of 100% of Condor Ferries.

Tags: ,