Norfolkline sells container business to DFDS

The purchase price has not been disclosed, but the transaction is consistent with Norfolkline’s strategy of realigning and strengthening its core businesses and divesting activities that have no clear synergies with the rest of the Norfolkline Group.

“This divestment is confirmation of our commitment to execute our strategy. It is also a strong signal to our employees, customers and shareholders, as it gives us the opportunity to be more focused and to grow Norfolkline’s core businesses, the ferry and logistics pillars,” said the company’s managing director, Thomas Woldbye.