DFDS completes Gibraltar ferry acquisition
DFDS said Spanish and Moroccan competition authorities approved its purchase of Naviera Armas' Strait of Gibraltar ferry operations on Algeciras-Tangier Med, and the transaction was completed today. The company said the deal includes one RoPax ferry, route permits and about 200 employees, and carries a total purchase price of DKK 165 million.
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12:32:47 PM UTC
SquawkNews
DFDS completed the DKK 165M acquisition of Naviera Armas’ Algeciras—Tangier Med route assets after approvals, adding a RoPax ferry and lifting its RoRo capacity share to 50%. DFDS will not proceed with Algeciras—Ceuta. 2026 capex outlook remains DKK 1.7B.Material DetailsContext by AI AnalystThis is…
12:32:50 PM UTC
SquawkNews
DFDS completed the DKK 165M purchase of Naviera Armas’ Algeciras—Tangier Med ferry assets after approvals. The route will merge with DFDS’s existing service. DFDS will not proceed with the Algeciras—Ceuta deal. 2026 capex outlook stays at DKK 1.7B.Material DetailsContext by AI AnalystThis is a mid…