pressiteade
Acquisition of three new Superfast ferries
22.03.2006
AS Tallink Grupp is pleased to announce that it has contracted through
some of its subsidiaries to buy from Attica Holdings S.A, three Ro-Pax
vessels SUPERFAST VII, SUPERFAST VIII, and SUPERFAST IX for a total
cash consideration of Euro 310 million. Pending legal and regulatory
procedures the transaction will close in April 2006, after which AS
Tallink Grupp will announce additional information about the
transaction.
The acquired new vessels will start to operate between
Estonia-Finland and Estonia-Germany. The Estonia-Finland route allows
us to meet the growing cargo demand. The Germany route creates for
Tallink new opportunities for growth development and an opportunity
to enter the central European market. The German route offers a great
link for Estonian tourists and cargo transport and also for German and
other Central European countries an opportunity to visit Estonia as an
attractive tourist destination.
Mr. Enn Pant, CEO of AS Tallink Grupp said today: “Both the
launching of the Riga-Stockholm route in April and today’s
acquisition allowing us to launch a route to Germany, is part of
Tallink’s ongoing aggressive strategy whereby we create new
traveling opportunities to new destinations and at the same time
insure the company’s strong future development
perspective.”
The vessels are all built in 2001 and 2002 and are over 200m in
length. All are ice-class vessels and can take over 700 passengers
and 2 km. of cars and cargo. The vessels have a speed of more than 30
knots. All vessels are practically brand new and can cover the
distance between Estonia and Germany in under 24 hours.
Janek Stalmeister
Financial Director
AS Tallink Grupp
Tel: +372 6409 800
Peter Roose
Investor Relations Manager
AS Tallink Grupp
Tel: +372 6409 800
Merit Välba
Powerhouse
Kaarli pst 5-2
Tallinn 10119
+372 6416495
+372 53498036
merit.valba@powerhouse.ee