Green light from the Competition Authority

 Breaking News
  • £3.7 Billion Worth of Discounts Disappear From UK Supermarket Shelves as Promotions Fall to Lowest Levels in 10 Years The pressure on UK retailers to be more transparent in their pricing has seen the number of trade promotions fall to their lowest levels for 10 years, and in 2017, shoppers will receive £3.7 billion less in promotional savings. This is according to a new report by IRI, the provider of big data and predictive analytics [...]...
  • Whisky, Tequila and Gin to Drive Global Spirits Category Growth to 2021 Just released data from the IWSR 2017-2021 Forecast suggests global volumes of whisky, gin and tequila are expected to make gains of 55.2m, 7.1m and 5.8m nine-litre cases respectively over the next five years, following their rapid growth in 2016. These categories together with baijiu (+48.2m cases between 2016 and 2021), will contribute the most in the [...]...
  • Huge Export Win to China For UK Food Producers A new export deal with China will bring a £200 million boost to the UK food industry and support 1,500 jobs. Taking advantage of the growing demand for UK and drink in China, seven new businesses in England and Northern Ireland have secured access to export pork – including three producers who, in a first [...]...
  • CSM Bakery Solutions Closes Sale of BakeMark Business CSM Bakery Solutions, a global leader in bakery ingredients, products and services, has completed the sale of its BakeMark business to private equity firm Pamplona Capital Management. The sale of BakeMark, which was announced mid-July, is an important element in CSM’s decision to focus on their core business in Europe and North America. “Completing the sale [...]...
  • Needham Coding Ireland to Show Own Brand ‘N’ Series CIJ Printers For the First Time Newly established business, County Westmeath-based Needham Coding Ireland Limited, which was formed following a merger between The Needham Group and long-standing Irish distributor, Advanced Coding Solutions (ACS), will be highlighting a wide range of continuous ink jet (CIJ), thermal ink jet (TIJ) and laser coding and marking equipment, and associated printer inks and makeup at [...]...
  • Mars Food Expands its Portfolio With Acquisition Mars Food, part of Mars Incorporated, is acquiring Preferred Brands International, a US-based, fully integrated manufacturer and marketer of all-natural, ready-to-heat Indian and Asian food products sold primarily under the Tasty Bite® brand. Tasty Bite’s® portfolio includes a wide range of vegetarian offerings, including Indian/Asian entrees, spice and simmer meal kits, and organic rice and [...]...

Green light from the Competition Authority

July 12
11:25 2012

The German competition authority, Bundeskartellamt, has approved the deal between Stena Line and Scandlines Deutschland GmbH, which was presented on 30 May, for the acquisition of five ferry routes between Sweden and Germany to Latvia


The acquisition is part of Stena Line’s strategy to expand into growth markets and it is expected to be completed by the end of August.

“The approval from the German competition authority, Bundeskartellamt, is an important step forward in this process. We are now making the acquisition and it is expected to be completed during August,” says Gunnar Blomdahl, CEO for Stena Line.

The acquisition is based on the strong growth in sea transports to and from northern Europe and the Baltic States, growth which is expected to continue. The new routes to the Baltic States complement Stena Line’s existing network and will strengthen its offering for both freight and passenger services.

The acquisition is part of Stena Line’s strategy to expand into growth markets and it is expected to be completed by the end of August. The five new routes will operate under the Stena Line brand.

Stena Line is acquiring five ferry routes, operating between Sweden, Germany and Latvia, from Scandlines Deutschland GmbH.

The acquisition will contribute to an increase in turnover for Stena Line of around 1 billion, to a total of about SEK 12.1 billions for 2013.

The five routes are Travemünde to Ventspils and Liepaja, Nynäshamn-Ventspils as well as Trelleborg to Rostock and Sassnitz.

Three ships in total operate the routes to the Baltic States, of which two are chartered and the ferry “Ask” is being bought by Stena Line.

The Trelleborg routes were previously operated jointly with Scandlines GmbH, via Stena Line’s subsidiary Scandlines AB, under the Scandlines Hansa brand.

Stena Line will now be the sole owner of the routes, which are currently operated by four ferries in total. The acquisition also includes the ferry “Sassnitz”

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 11, 2017drinktec
  • September 13, 2017FI Asia
  • September 19, 2017PROCESS EXPO 2017
  • September 22, 2017Global Summit on Food & Beverages
AEC v1.0.4

Jobs: Logistics

The Magazine

F&D Business Preferred Suppliers