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Deal Date: 12-01-2015 Practice Area: Corporate and M&A
Deal Title: Scandlines Sale of the Elsinore-Helsingborg Ferry Route Industry: Industrial Transportation
Description:
LETT advised Scandlines in its sale of the Elsinore-Helsingborg ferry route. The ferry route was run by a joint venture of Scandlines and Stena Lines, each holding 50%. At the end of January 2015, First State took over the route operations - supported by Scandlines and Stena Line in the beginning. The five ferries sailing the route were all included in the agreement, and the route would continue to be marketed under the name Scandlines Elsinore-Helsingborg.
Financial Center: Copenhagen Value: 0.00-0.00
Advised Party: Vendor Law Firm
Target Company Jurisdiction: Denmark Acquiror Jurisdiction: Denmark
Classification: Strategic Buyer Acquisitions Asset Sales
Lawyer Joachim Kundert Jensen