A new Spanish company formed by the Grimaldi Group has completed the acquisition of five ropax ferries from Spain’s Armas Trasmediterranea Group.
The Valencia-based outfit — Trasmed GLE — will also take over the rights to operate services between the Spanish mainland and the Balearic Islands.
It will also buy two terminals at the ports of Valencia and Barcelona, as well as offices and warehouses on Mallorca, Menorca and Ibiza.
