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27 SEPTEMBER 2022 AL CIRCLE

Stena Line acquires existing Anglesey Aluminium site supporting the Welsh community

EDITED BY : MAYURAKSHI GANGULY 3MINS READ

Stena Line, the largest freight route network connecting all the major ports and trade ways of Northern Europe, has bagged the winning bid to take over the 213-acre Eco Parks' former Anglesey Aluminium site in Holyhead, North Wales.

Stena Line acquires existing Anglesey Aluminium site supporting the Welsh community  , Alcircle News

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Stena Line, for the past 27 years, has held and operated the Holyhead port. The organisation seemed confident that this move would be beneficial for the company's operations in the area and beyond. This new site will provide supplementary land and services to the already registered customers.

The executive director of Stena Line, Ian Hampton, quoted: "This purchase is a significant investment for us and forms an important part of our long-term strategy for the future of Holyhead Port."

"Our plans for the site have the potential to be a significant boost for the regional economy and local jobs. Holyhead is the largest port we own and remains the second busiest RoRo port in the UK, as well as the main route to Ireland," Ian added to his statement.

"This deal has the potential to make it even bigger and ensure it plays an even more important role in bringing further investment and jobs to Holyhead. It is a sign of our commitment to the local Region, the Welsh economy as a whole, and more importantly, our many colleagues whom we employ there."

The site has amazing connectivity to the A55 in Holyhead and features a 3km railway track that comes aligned with the North Wales Main Line. Currently, the land has been assigned for industrial utilisation and falls under the local Enterprise Zone.

The former Anglesey site, once the biggest in the Welsh market, has been acquired by a Stena Line subsidiary, Anglesey Land Holding. Stena has refrained from giving any details of the agreement.

The agreement consists of a large jetty within the Holyhead Port and a 2.4 km tunnel connecting the berth with the main site that runs beneath the port. Stena Line is now the owner of the entire setting.

Councillor Carwyn Jones commented: "Stena Line is already an important and long-term employer locally. It has also proved a credible and key partner, working with the county council on a number of key economic projects over many years.

"This purchase represents a major investment for Stena Line and also includes the large jetty within Holyhead Port, which will now again be marketed as a deep-water berth for cruise ships."

Jones added: "We enjoy a good working relationship with Stena Line, and I look forward to hearing more about the plans they have for the site moving forward.

Future of Aluminium in Transportation Sector

"The purchase of this strategic employment site certainly provides fresh hope of further economic prosperity for Holyhead, Anglesey and wider region," he concluded.


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EDITED BY : MAYURAKSHI GANGULY 3MINS READ

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