Business, Freight News, Sea

Unifeeder sold

[ April 5, 2013   //   ]

Short-sea shipping line Unifeeder has been sold by Montagu Private Equity to another private equity investor, Nordic Capital Fund. The latter invests in large and medium-sized companies, mostly in the Nordic region. Montagu director Mads Hansen said that Unifeeder had performed “exceptionally well” since 2007 and had continuously grown its business, despite challenging market conditions. Nordic partner Lars Terney said Unifeeder had excellent expansion potential in both the feeder and short sea segment.

Unifeeder, which describes itself as an “asset light logistics company”, operates services between the main European container hubs including the UK, plus the Baltics, Nordic region, Russia and North Africa.

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