Condor Ferries has been sold. Regulators have approved the sale of the ferry operator to a consortium including Brittany Ferries and asset management firm Columbia Threadneedle Investments.
The deal was announced in November.
Condor CEO Paul Luxon has said it will be 'business as usual' for its Channel Islands services.
Speaking to us earlier this year, he also said there will be further investment in the fleet.
£55 million is set aside for a new ship, which could either replace the Rapide or replace the freight-only Goodwill with a second freight and passenger ferry.
Mr Luxon described the new owners as being 'in it for the long-term':
"They are very good people. They are Channel Islands-like people, and they're very keen. They have made the decision to acquire the company. They're long-term, we're long-term and we want to invest in the business."
Second committee resignation in 24 hours
Guernsey's government in talks with Brittany Ferries over timetabling
Water usage increases to 15 million litres per day in Guernsey heatwave
ED committee reels from resignation
Service changes as Brittany Ferries makes savings
Weed Watch launches in Guernsey
"Very special and rare" artwork on display in Guernsey
Another spell of hot weather likely next week
Comments
Add a comment