Eurotunnel, the operator of the undersea rail link between the UK and France has reluctantly sold its subsidiary the Calais-Dover ferry business MyFerryLink, to Channel Tunnel competitor Danish DFDS Group following a competition ruling.
Eurotunnel bought the SeaFrance ferry business for £51m (US$78m) when that firm went out of business in 2012.
Eurotunnel is a forced seller of the service because of antitrust action. It had wanted to sell the business to a workers’ cooperative SCOP SeaFrance, rather than to DFDS but regretting that SeaFrance SCOP did not have the necessary support to make a takeover offer, it had to accept the tender submitted by DFDS for leasing the ships Berlioz and Rodin.
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