Grimadi, the Naples, Italy-based ro-ro and container vessel operator, become the majority shareholder in Finnlines plc at the end of December when it acquired 1.5M shares. The move gives Grimaldi 50.1% of the Finnish company, a stake that is divided among its subsidiaries: Grimaldi Compagnia di Navigazione (37.44%), Industria Armamento Meridionale (7.35%) and Atlantic Container Line (5.32%).
Grimaldi finally wins Finnlines
Sun 02 Sep, 2007
| Posted in: Strait Talking
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