Seatruck Ferries has today announced that, subject to regulatory approval from the Irish competition authorities, it is to be acquired from Clipper Group by CLdN.
CLdN, headquartered in Luxembourg is one of Europe’s leading multimodal logistics providers with three divisions CLdN RoRo, CLdN Cargo and CLdN Ports.
Seatruck operates a daily RoRo (roll on roll off) ferry service from Warrenpoint to Heysham, specialising in primarily unaccompanied loads. This model increases efficiency both from an environmental and an operational perspective. Seatruck, operational since 1996, was acquired by Clipper in 2002. It currently owns eight purpose-built RoRo vessels of which six are operating on the Irish Sea and two are on charter.
David Holmes, CEO Warrenpoint Port said, “We would like to congratulate the Seatruck team on their acquisition. CLdN is a leading name in the maritime sector, and it is fantastic to now have the brand operational in Warrenpoint. We are delighted to say that for service users, it will be ‘business as usual’. Nothing will change, the Seatruck brand will be retained and the team will continue to be led by Alistair Eagles.”
David continued, “Seatruck has been operational at Warrenpoint Port for 20 years’, providing a vital service for Irish Sea traffic. In more recent years, with increasing costs, the unaccompanied trailer model, has become particularly attractive for haulage companies and logistics providers. We look forward to continuing to drive growth and to building on the strong foundations of our relationship with Seatruck, under their new ownership.”
CLdN and Clipper Group have agreed not to disclose the transaction price.