Grimaldi Group has taken its stake in Finnlines and Minoan Lines to around 90%, says managing director Emanuele Grimaldi.
The Naples-based owner has invested EUR 96.9m ($110m) to acquire a 10.58% block in the North ern European ropax operator from Finnish pension fund Ilmarinen.
The move takes the Italian group’s interest in the Helsinki-listed operation to 91.32% — a level matching its expanding holding in Greek ropax operator Minoan Lines.
The
