Condor 10 returned to the fleet in March 2002 to replace the Condor 9 on the St Malo – Channel Island service and to fully compete with the existing fast car ferry service of Emeraude Lines. Later that year, the Commodore Group, which included Condor Ferries, Commodore Ferries and Commodore Express, was sold to a management buy-out team for a reported £150 million. The deal was backed by ABN AMRO. Shortly after, the Condor Ferries logo was redesigned for the start of the 2003 season using the same font as the logo Brittany Ferries had adopted in 2002. In 2004, the group was rebranded with Commodore Ferries coming under the Condor Ferries name and Commodore Express becoming Condor Logistics. The group was sold once again in 2004 to the Royal Bank of Scotland's venture capital arm for £240 million.
