Friday, 6 March 2015

New owner for Wightlink Ferries

ISLE OF WIGHT ferry operator Wightlink Ferries has been sold for an undisclosed sum. Balfour Beatty Infrastructure Partners (BBIP) has purchased the company from Macquarie European Infrastructure Fund.

There will be no changes to staffing, pricing, routes, or schedules as a result of the change of ownership, according to a company statement.

BBIP partner Steven Lowry said: ‘Wightlink is a strong and stable company with the opportunity to grow and develop in the years to come. We are delighted to be the new owners of the largest cross-Solent ferry operator and are committed to investing in the business. Wightlink has a strong and secure future with its new shareholders.’

The company runs ferries from Portsmouth and Lymington to the island.


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