InfraVia takes 80% stake in Louis-Dreyfus Armateurs

The Louis-Dreyfus family will retain 20% and Edouard Louis-Dreyfus will continue as the group’s president, LDA said.

The company has been operating for more than 170 years, developing its services as the maritime industry has developed, now providing services to offshore wind as well as its traditional transport, logistics and submarine cables sectors.

“This transaction would allow LDA to invest a billion euros over the next few years, enabling the group to more than double the size of its fleet and accelerate its development in technological innovation, energy transition and the design of tomorrow’s navigation modes and maritime services,” a statement from the company said.

“With InfraVia as a shareholder, LDA would accelerate its ambitions to become a leading maritime infrastructure group active in high-value-added growth segments and a driving force behind the maritime energy transition.”