IN D U ST RY N EW S Santa Fe sale off the table The sale of Santa Fe Groups global immigration business to CIBT Inc has fallen at the nal hurdle. Martin Thaysen, Santa Fe Group CEO, said: Unexpectedly, MARTIN THAYSEN, SANTA FE it has not been GROUP CEO possible to reach [a] nal agreement, and the sale of the immigration business to CIBT Inc will consequently not be concluded. As the sale was part of a plan to strengthen the groups capital structure, the company is now working with its nancing partners with the aim of formulating a new plan before the end of March, for presentation in the annual report. Headquartered in Washington DC, CIBT is a leading global provider of immigration and visa services. In December, Santa Fe Group had entered into a Term Sheet for the sale of its global 14 FF290 pp14-15 Industry News.indd 14 immigration business to CIBT, subject to nal agreement between the parties. Thaysen added: Therefore, the immigration business remains an integrated part of the Santa Fe suite of mobility products, and we will continue to service consumer and corporate customers with visa and immigration services through our in-house practice. We have grown the immigration business over the past four years, and, in the process, developed a global practice spanning 36 countries. FIDI Focus originally reported on this proposed business sale in the 289 (February/March) edition, on page 12. TRUCK DRIVERS MAY FACE HEAVY FINES IN SPAIN The European Movers Federation FEDEMAC is reporting that, effective from 24 February 2019, the Spanish government has signed into law heavy fines for drivers that take their weekly rest in the cabin of their truck. According to the federation, if a driver is unable to prove that they have spent their required rest period out of their vehicle, authorities will fine the driver 2,000. FIDI Focus contacted the Spanish Ministry responsible Fomento (Ministry of Public Works and Transport) but it did not respond in time. However, the British Embassy in Madrid explained: The normal daily rest period for a driver accompanying a vehicle transported by ferry or train can be interrupted not more than twice in order to carry out other activities that are overall under one hour. During the normal daily rest period, the driver must have access to a regular bed or a bunk bed. The driver may opt to take the daily rest periods and reduced weekly rest periods outside the companys operating base and in the vehicle, insofar as the vehicle is adequately equipped to allow rest for each driver and is parked. WWW. F I D I . OR G 14/03/2019 15:11