Independent journal on economy and transport policy
08:07 GMT+1
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Unifeeder buys Feederlink
the agreement with Irish Continental Group previews the payment of 29 million euros
August 30, 2012
The Danish Unifeeder A/S, shipowning society that work an extensive and capillary net of services feeder in Europe North and the Baltic Sea, has signed an agreement with the Irish Irish Continental Group (ICG) for appears its branch Dutch Feederlink Shipping & Trading b.v., that she realizes services feeder between the port of Rotterdam and the ports of Scotland (Grangemouth) and of England (Felixstowe, Immingham, South Shields and Teesport), ports of call that are served also by Unifeeder.
The understanding previews a payment in four cash tranche: before 20 million euros to the completion of the agreement, previewed for the half of the next autumn, and an ulterior quota until nine million euro in three payments within next the 12 months.
ICG has specified that the value of the assets of Feederlink on 30 June piled to 3,3 million euros and that in the 2011 company has totaled revenues for 21,6 million euros and a profit before taxes of 1,8 million euros. Last year the revenues recorded from Unifeeder are piled to 431 million euros and the company has closed the exercise with a profit clearly of 38 million euros.
Feederlink work a fleet of four container vessels of the taken cargo ability of about 500 teu rental, while Unifeeder has a fleet of 34 ships of ability comprised between 700 and 1.700 teu. Last year the fleet of Feederlink has transported cargo volumes 138.500 pairs to container teu, while that of Unifeeder has transported 1.948.050 teu.
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The Danish Unifeeder A/S, shipowning society that work an extensive and capillary net of services feeder in Europe North and the Baltic Sea, has signed an agreement with the Irish Irish Continental Group (ICG) for appears its branch Dutch Feederlink Shipping & Trading b.v., that she realizes services feeder between the port of Rotterdam and the ports of Scotland (Grangemouth) and of England (Felixstowe, Immingham, South Shields and Teesport), ports of call that are served also by Unifeeder.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
