Anonymous investors have launched a hostile €25m bid for Sóller’s locally owned heritage train link to Palma
Indignant residents of the Mallorcan town of Sóller have said their railway is not for sale after a group of investors launched a hostile takeover bid.
The town has been linked to the capital, Palma, with a picturesque narrow-gauge railway since 1912. The train, with its wooden carriages, has been in continuous use ever since, climbing 200 metres and passing through 13 tunnels on its 27km journey.