Clipper, the operator of Clipper Vacations and Victoria Clipper ferry service from Seattle to Victoria, and Seattle to San Juan Island, announced today they’ve been acquired by FRS. FRS is a global ferry and shipping group based in Northern Germany.
As part of the deal, FRS has acquired a majority stake in Clipper. Clipper said the acquisition will allow it to expand its market reach, expanding further into Canada, starting with Vancouver this year, and then service from Florida to Cuba, upon government approval.
Clipper CEO and Founder Merideth Tall remains in her role and retains minority ownership of the company.