Independent journal on economy and transport policy
16:59 GMT+1
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Turkish company U.N. Ro-Ro buys the compatriot Ulusoy Ro-Ro for 215 million euros
the acquisition will allow to increase the frequency of the Cesme-Trieste service and to activate a line with Bari
January 23, 2017
The company of Turkish navigation U.N. Ro-Ro has signed an agreement in order to buy the Ulusoy Ro-Ro Isletmeleri A.S., society of navigation of the group Yilmaz Ulusoy Holding A.S of Istanbul. The acquisition will have a value of 215 million euros and will be one of most important put into effect in the marine field in Turkey.
U.N. Ro-Ro has a fleet of 12 ships for the transport of rotabili that connect the Turkish ports of Pendik and Ambarli (Istanbul) and of Mersin with the Italian ports of Trieste and Ancona and the harbour port of call of Penkik with the French port of Tolone. The company annually transports a traffic volume pairs to 322 thousand vehicles.
The marine society of the Yilmaz Ulusoy group has a fleet of four ships ro-ro and four ships to rinfusiere. The units ro-ro of the Ulusoy are employed on the route that connects the Turkish port of Cesme with the Italian port of Trieste, service that the Turkish company realizes from 2000.
U.N. Ro-Ro has specified that the acquisition will allow to increase the exchanges with Europe thanks to the activation of a Cesme-Tolone line, that will afford to directly connect the region of Izmir with France, and of a Istanbul-Cesme-Bari service, that will offer a connection with alternative southern Italy to the routes through Greece. Moreover it could be increased the frequency of the marine service between Cesme and Trieste, for which they could be offered inferior rates of transport regarding those practiced before the acquisition, and could be realized a line with the Greek port of Lavrio.
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