Boluda Towage to acquire SMS Towage.

Boluda Towage, a nautical chain and reliable harbour towage services provider, agreed to acquire SMS Towage, a towing service provider. Financial terms were not disclosed. “The decision for us to accept the opportunity to sell SMS Towage to Boluda Towage came at just the right time, as we embark on a new chapter of business growth and development. I want to express my heartfelt gratitude to the entire team for their unwavering dedication and hard work while working within SMS Towage. You have been the backbone of our success, and I am confident that under Boluda's ownership, SMS Towage will continue to thrive. My best wishes go out to each one of you as you embrace this exciting transition,” Paul Escreet, SMS Towage Owner.