Icelandic fishery company Samherji has sealed a deal to acquire a 25.3% stake in Eimskip from US investment fund Yucaipa for a price of ISK11bn ($102m).
“Eimskip is an international shipping company that builds its operations on good customer service with the operation of a ship fleet in the North Atlantic. We are very well-acquainted with the operation of ships and the importance of transportation in an international environment. It will be challenging, but at the same time it is a pleasure to participate in the company’s continued development in close co-operation with other shareholders,” said Thorsteinn Már Baldvinsson, Samherji’s managing director.
Eimskip currently operates a fleet of four containerships and six reefers, and it has another two 2,150 teu boxships under construction at Guangzhou Wenchong Shipbuilding.