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LETT assists in the sale of the Elsinore-Helsingborg ferry route

29 Jan 2015

LETT has assisted Scanlines in its sale of the Elsinore-Helsingborg ferry route. LETT's assistance encompassed finance-law issues.

Today, the ferry route is run by a joint venture of Scanlines and Stena Lines, each holding 50%. At the end of January 2015, First State takes over the route operations - supported by Scanlines and Stena Line in the beginning. The five ferries sailing the route are all included in the agreement, and the route will continue to be marketed under the name Scanlines Elsinore-Helsingborg.

Matter Type
Asset Sale: Seller's Counsel
Industry
Transport & Logistics
News Category
M&A