Linklaters advise on the sale of Naviera Armas Group
Linklaters has advised Naviera Armas Trasmediterránea on the sale of its maritime business units operating in the Strait of Gibraltar to DFDS and Baleària. The transaction also includes the transfer of the Naviera Armas Group and its operations in the Canary Islands, the Iberian Peninsula, Algeria and the Alboran Sea, which will now be integrated into Baleària.
The deal marks a significant step in consolidating Naviera Armas as a leading company in the sector and concludes a demanding restructuring process. The agreement was made possible through the joint efforts of all stakeholders, united by the common goal of restoring the company’s value.
The transaction was advised by a team led by partners Ben Crosse and Carmen Burgos, supported by Piotr Hurkała, Alina Martiniva and Laura Plana Ventura.
