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Stena and German car carrier to establish joint venture

A subsidiary of Stena and German car carrier Glovis Europe have filed a merger application to the EU for a new joint venture that will operate car and truck ships in Europe.

Photo: Stena

Swedish shipping company Stena Rederi and Germany's Glovis Europe will form a joint venture that will operate car and truck carriers in Europe.

The partners last week submitted a joint merger application to the European Commission. In the application, the two companies briefly outline the purpose of forming the joint venture.

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