Stena Line is widening its footprint outside its northern European home market, buying a 49% stake in a Moroccan ferry company.
The Gothenburg-based company announced on Monday that it is acquiring the stake in Africa Morocco Link (AML), which operates a ferry route between Tanger Med in Morocco and Algeciras in Spain.
In a separate statement in Athens, Greek ferry company Attica Group confirmed it is the seller of the stake in a €49m ($53.2m)