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LONDON (Alliance News) - Irish Continental Group PLC on Tuesday said it has signed deals to buy four lift-on lift-off container vessels for a total of EUR24.2 million.
The Irish ferry operator has acquired the MV Elbfeeder, MV Elbtrader and MV Elbcarrier vessels, offering a gross tonnage 8,246 tonnes, plus the MV Jork Ranger, which has a gross tonnage of 7,852 tonnes.
Irish Continental will pay the consideration in cash from existing resources.
Shares in Irish Continental were untraded on Tuesday, having last traded at EUR4.40.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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