DFDS Strengthens Operations with Significant Ferry Acquisition
DFDS Expands Ferry Services to Meet Growing Demand
In a strategic move aimed at enhancing its ferry services on the Strait of Gibraltar, DFDS has entered into an agreement to acquire vital assets from Naviera Armas, which is exiting the market. This acquisition involves two vessels—a combined freight and passenger ferry and a high-speed catamaran—along with operational permits and a transfer of around 200 dedicated employees.
Enhancing Customer Experience
The purchase is poised to significantly bolster DFDS operations on its current Algeciras to Tanger Med and Algeciras to Ceuta routes. By integrating the new ferries, DFDS aims to ensure a seamless transition, enriching the experience for both freight customers and passengers.
Details of the Acquisition
The total investment for this strategic endeavor is pegged at DKK 240 million, with transaction closure anticipated in the first quarter of 2026, pending regulatory approvals. Importantly, the financial implications for 2025 are expected to be minimal, allowing the company to prepare for the added revenue stream expected in 2026.
Future Revenue Expectations
According to projections, the expanded capacity is anticipated to generate approximately DKK 500 million in revenue for DFDS in 2026. This substantial financial boost is aligned with the company's objective to leverage its existing strengths in a competitive market.
Market Trends and Projections
Since entering the Strait of Gibraltar market in 2024, DFDS has seen growth that has surpassed expectations. The ferry service operates seamlessly on routes that enable efficient logistics and passenger transport, emphasizing the need for scalability in operations as market dynamics continue to evolve.
About the New Ferries
The acquisition includes the RoPax ferry Volcan de Tamasite, constructed in 2004, and the high-speed catamaran ferry Villa de Agaete, built in 1999. With these additions, DFDS not only enhances service offerings but also extends its operational capabilities, reinforcing its position in the market.
Contact Information
For further inquiries, the following executives are available for contact:
- Torben Carlsen, CEO: +45 33 42 32 01
- Karen Boesen, CFO: +45 20 58 58 40
- Søren Brøndholt Nielsen, IR: +45 33 42 33 59
- Dennis Kjærsgaard, Media: +45 42 30 38 47
About DFDS
DFDS has a storied history that dates back to 1866 and has since developed into an extensive transport network across Europe. With an annual revenue reaching DKK 30 billion and a dedicated workforce of around 16,500 full-time employees, DFDS specializes in moving goods through multiple modalities including ferry, road, and rail while also providing complementary transport and logistics solutions.
Frequently Asked Questions
What is the purpose of DFDS's acquisition?
The acquisition aims to enhance DFDS's ferry services on the Strait of Gibraltar, integrating new vessels to improve operational efficiency.
When is the acquisition expected to close?
The transaction is anticipated to close in the first quarter of 2026, pending necessary regulatory approvals.
How will this acquisition affect DFDS's revenue?
The expanded capacity is expected to generate approximately DKK 500 million in additional revenue for DFDS in 2026.
What types of ferries is DFDS acquiring?
DFDS is acquiring a combined freight and passenger ferry and a high-speed catamaran ferry from Naviera Armas.
How many employees will be part of the acquisition?
About 200 employees from Naviera Armas will transfer to DFDS as part of the acquisition.
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