Matrans buys another 15% of EWL

Dutch company Matrans, headed by Hans Vervat, has in the last few weeks acquired a further 15 percent of Rotterdam-based Europe West Indies Lines (EWL) from management.

Vervat has been gradually increasing his share of EWL since October and his latest purchase increases his stake to 85 percent. Irish fruit trader Fyffes International holds the remaining 15 percent of EWL.

A spokesman for EWL said that the shareholder activity does not change the structure or operations of the company. 

Source: American Shipper