Turkey’s U.N. Ro-Ro has sealed a deal to buy the ro-ro fleet of compatriot Ulusoy.
The shipowner said it had completed a share purchase agreement, bringing about a “significant” investment with an enterprise value of EUR 215m ($231m).
U.N. already has a fleet of 12 modern ships trading to Europe.
Istanbul-based Ulusoy has five ro-ros: three of 4,094 lane metres built in 2012 and 2013, and two of 2,760 lane metres dating from 1987.
