The company Trasmediterránea Weapons Shipping Company announced this afternoon the death, apparently sudden, of its president Anthony Arms Fernandezwho has been found dead at his home in Las Palmas de Gran Canaria.
son of the founder, Antonio Armas Curbelothe until now president joined the family business at the age of 22 and replaced his father in 1968. His largest operation was the acquisition of Trasmediterránea in 2017 for 260 millioncreating the largest Spanish passenger transport group.
The health crisis, with the consequent collapse in demand, led the group to request financing from the SEPI for about 125 million. In this context, he also transferred to Grimaldi its operations in the Balearic Islands, grouped in Trasmediterránea, and launched the future plan with the intention of recovering profitability.
Armas Fernández, recalls his company today, was a pioneer in 1973 in the introduction of type ships roll on in inter-island traffic in the Canary Islands. The businessman of 76 years oldhas been at the head of the Armas group for five decades, which received the Canary Islands Gold Medal last year in recognition of the company’s 80 years of existence.
With a fleet of 27 shipspresence in four countries and a hundred passenger and cargo connections, Naviera Armas Trasmediterránea serves more than five million travelers annually.