Baleària has completed the integration of Armas Trasmediterránea’s Alboran Sea and Strait of Gibraltar routes after receiving all required approvals from Spanish and Moroccan competition authorities.
The transaction includes the vessels JJ SISTER, ALMARIYA, VOLCÁN DE TIMANFAYA and CIUDAD DE MÁLAGA, together with route concessions and approximately 250 employees. The deal follows the integration of the Canary Islands operations completed in May.
With the acquisition, Baleària strengthens its presence on routes linking mainland Spain, the Balearic and Canary Islands, and North Africa. The enlarged group now operates more than 50 vessels, employs nearly 4,500 people and carries over 8 million passengers annually.
