UK: Eurotunnel sells MyFerryLink

The company has been in dispute with the Competition and Markets Authority over the assets formerly owned by SeaFrance.

Last month, workers’ co-operative Scop SeaFrance, which runs the business for Eurotunnel, had its appeal upheld at the Court of appeal in May but Eurotunnel’s decision to sell effectively ends the long-running saga.

Eurotunnel said that Scop had “not had the support it needed to be able to present a takeover proposal” has instead decided to sell the ferries Rodin and Berlioz to DFDS.

“The Eurotunnel Group, after having supported this activity for three years, hopes that all those involved will support MyFerryLink in a responsible manner through this transition which has been imposed upon it,” the company said in a statement.

Last month, workers’ co-operative Scop SeaFrance, which runs the business for Eurotunnel, had its appeal upheld at the Court of appeal in May but Eurotunnel’s decision to sell effectively ends the long-running saga.

The CMA’s predecessor the Competition Commission initially started looking into the acquisition back in October 2012.

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