Viking Supply Ships AB’s subsidiary, TransAtlantic AB, divests its Container Operation and Ship Management
Press release9th November 2015 TransAtlantic AB has reached an agreement to divest the Container Operation to X-Press Feeders and, in a separate transaction, to divest Ship Management operations to AtoB@C. The container operations to be sold consist of TransFeeder North Line, TransBothnia Container Line and TransFeeder South Line, including the forwarding business and 15 onshore employees. The annual turnover is approximately 420 MSEK and 105 000 TEUs. The purchase price is 3.1 MEUR on a debt free basis, payable in cash on closing. The transaction is expected to close in the beginning