Yesterday’s announcement, beyond the dismissal of the appeal of the Scop and Eurotunnel is the announcement of the Eurotunnel group separate from My Ferry Link. Explanations Jacques Gounon, CEO of Eurotunnel
The decision of the Competition Appeal Tribunal it surprise you?
“Not at all. This was expected with the tenacity he has shown from the beginning. The analysis of the decision remains quite unfair. “
Go away you call?
“We will not appeal the decision. The Scop will appeal and she is right to do so. I hope she wins. “
You have in a statement that “the future of My Ferry Link will now play outside the Group,” My Ferry Link is for sale?
“Yes. The new Competition Appeal Tribunal decision leads us to consider that we really not want us as a maritime investor. Once there was a decision with a bad faith so obvious, we can not fight. “
What ‘ ? is it that is for sale
“We are selling the shipping company, that is to say, all assets: ships and My Ferry Link SAS.
Do you sell while a single entity or in pieces?
“This is just one package. “
Y t there any buyers?
“Once you have a quality business, which will come to balance this summer, and are well positioned in a very active market , there are buyers. “
Have you had any contacts?
“” The idea for the moment was to win on appeal. When will sell, I think it will interest other maritime operators. I want to have a partner who continues the activity and Scop. “
What ‘ would happen to the SeaFrance Scop?
“The contracts with SeaFrance remain Scop. From the time when the company is sold, I sell everything, including contracts. It also protects the industrial tool. “
How many long it might take?
“We will first put on sale, and then allow time for those interested to study as it should be the case and the accounts. It’ll take time. We are in no hurry to stop. And we strongly support that the Scop do call and obtain a stay of the decision and won. “
How much do you consider the price of My Ferry Link?
“I sell at market value. This is a negotiation that will be between Eurotunnel and the buyer. “
A figure estimation?
“We know the value of a solid franchise with 10% market share. I will say no more. “
The English competition authority must validate your buyer?
“Yes, the Competition and Markets Authority will validate the sale. It was clear that she be involved in everything and wants to force us out of the sea. “
Have you regret?
“No, My Ferry Link is a great success, to the point that scares competitors. It is the opposite of what SeaFrance before. I always found that sea could be a complementary activity of the Channel Tunnel and the combination of the two were far from putting us in a dominant position. “
Have you feel that Eurotunnel has paid for other hard with this legal?
“It is extremely proud to be competitive with Scop flying the French flag, and scare other operators. it’s a great commercial and industrial success, but it is a diplomatic flop. France has not been able to defend the French flag. It was a battle in the legal form, but clearly behind this was political, and there was nothing. “
Any other thing, do you still intend to appeal against Calais Port 2015?
“In the case Calais Port 2015 there was a breach of the procurement code relating to the bidding on port construction contracts and DSP. For the call, we wait. For now, the regional prefect should take up the case for a review of legality. Did he can pass something illegal? “
Interview by Claire Duhar
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