Marine Link
Friday, September 30, 2016

Actera, Esas Buying UN Ro-Ro from KKR

August 5, 2014

Turkish investment firms Actera Group and Esas Holding have signed an agreement to acquire ferry operator UN Ro-Ro from private equity firm KKR & Co LP, the Turkish companies said in a statement on Tuesday.

UN Ro-Ro, KKR's sole investment in Turkey, is among the largest such ferry operators in the Mediterranean basin, the statement said.

Actera and Esas did not disclose any financial details of the deal. KKR bought 97.6 percent of UN Ro-Ro for 910 million euros ($1.22 billion) in 2007.

Reporting by Ece Toksabay



Maritime Reporter Magazine Cover Sep 2016 - Maritime & Ship Security

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News