DFDS has reached an agreement with A.P. Møller-Mærsk to acquire Norfolk Line. The deal is signed, but is subject to confirmation by EU’s competition authorities. Norfolk Line has 2,200 employees, 18 ships and five port terminals.
The total value of the deal is approximately EUR 346 million, which includes the A.P. Møller-Mærsk Group obtaining 28.8 per cent of the shareholding in DFDS. In addition, the A.P. Møller-Mærsk Group will buy shares in DFDS from Lauritzen Fonden, bringing the Group’s total shareholding in DFDS to approximately 31 per cent.
”There has been a need for consolidation in the European ferry industry and the combination of Norfolkline and DFDS will create Northern Europe’s leading ferry operator, spanning from Russia to Ireland”, says Mærsk in a statement.
The deal excludes two of Norfolkline’s vessels, which the A.P. Møller-Mærsk has agreed to sell to another buyer.
Norfolk line was founded in 1961 in Holland as a land based logistic office. In 1969 the company opened a ro-ro service between the UK and Denmark. The company has been owned by A.P. Møller-Mærsk since 1988.

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