Announced

Boluda Corporación Marítima to acquire Smit Lamnalco.

Synopsis

Boluda Corporación Marítima, a marine transportation company, agreed to acquire Smit Lamnalco, a marine services provider. Financial terms were not disclosed. "Boluda is a company that has never stopped growing and transforming itself. This new stage is the logical consequence of previous evolutions that, over the last few years, have made us number 1 in port logistics services and in the towage sector. The industry is at a turning point, impacted by the climate emergency and geopolitical tensions. Shipping is at the center of these issues, facing challenges like never before. As a global leader, we are aware of our responsibilities and we will continue to commit to sustainable development, which benefits society and its development," Vicente Boluda Fos, Boluda Chairman.

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