The company Africa Morocco Link (AML) of Tangier, which operates
ferry services between Morocco and Spain, has changed ownership.
The Bank of Africa banking group, which held 51% of the capital
AML, sold its stake to the Moroccan company
Compagnie de Transports au Maroc (CTM), while the
Attica Holdings, which owned the remaining 49% of the
AML's capital capital, sold its stake in the
Swedish shipping company Stena Line. Bank of Africa and CTM
they are both part of the entrepreneur's O Capital group
Moroccan Othman Benjelloun.
With the agreement for the sale of its stake to Stena Line,
which will change hands for €49 million, Attica has sold
also the two ferries Morocco Star and Highspeed 3 which
are operated by AML.