DFDS has today completed the acquisition of FRS Iberia/Maroc that has a leading position on the Strait of Gibraltar short-sea ferry market connecting Spain and Morocco. The acquisition expands DFDS’ ...
FRS Iberia/Maroc has 750 employees and expects revenue of DKK 1.0-1.2bn in 2023 with an expected EBITDA-margin of 18-20% Transaction enterprise value equals an EV/EBITDA multiple of 6x Accretive to ...
DFDS has completed its acquisition of FRS Iberia/Maroc, a short-sea ferry company connecting Spain and Morocco via the Strait of Gibraltar. “We are excited to start the integration of FRS Iberia/Maroc ...
DFDS’ network expanded to high-growth Strait of Gibraltar ferry market FRS Iberia/Maroc had revenue of DKK 1.0bn in 2023 Growth-focused business and integration plan launched Transaction enterprise ...