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Mundys Boosts Channel Tunnel Investment

Bloomberg Markets •
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Mundys SpA is preparing to announce a plan to increase its ownership stake in Channel Tunnel operator Getlink SE, sources familiar with the matter revealed. The Italian infrastructure group aims to strengthen its foothold in the transportation sector through this strategic move targeting the critical cross-Channel link between the UK and continental Europe.

Getlink operates the Channel Tunnel, a vital transportation corridor handling millions of passengers and vehicles annually between Britain and France. By deepening its investment in Getlink, Mundys seeks to expand its portfolio in the French market where the company has been gradually building its infrastructure presence across transportation, energy, and real estate sectors.

The planned stake increase represents Mundys' continued commitment to growing its French assets. The Italian company, controlled by the Benetton family, has been increasingly focusing on transportation infrastructure investments in recent years, viewing the Channel Tunnel operator as a key asset in its European expansion strategy.