The giant CMA CGM boards Brittany Ferries

The activity of the ferry company has strongly restarted. Andrew SassoliWalker

LE FIGARO INFO The king of container ships will take 12% of the capital of the ferry company, by transforming into shares the loan of 25 million euros which he had made to it in 2021.

Brittany Ferries is backtracking. With the blocking of French ports (Le Havre, Saint-Malo, etc.) decreed for 72 hours by the CGT, the company which notably provides France-England-France ferry connections can no longer operate its lines for a few days. A bad blow but not a disaster for the company based in Roscoff. Because, moreover, his financial situation is improving. To strengthen its capital after the terrible ordeal of the pandemic, it had been looking for 50 million euros in new money for almost a year.

Its historic shareholders had come a long way by donating ten million at the end of 2022. Good news because it had long been thought that the Paysan Breton agricultural cooperative and the four chambers of commerce in Brittany (Morbihan, Côtes-d’Armor, Finistère and Ille-et-Vilaine) would not have the means to carry out this operation. In the coming weeks, Brittany Ferries will take a new step in its recovery. According to…

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