Independent journal on economy and transport policy
21:35 GMT+1
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Chilean SAAM will acquire 70% of Intertug's capital
The Colombian company has a fleet of 25 tugboats
January 20, 2020
Currently Intertug has a fleet of 25 tugboats annually generate a turnover of about 44 million dollars.
"This transaction - explained the general manager Of SAAM, Macario Valdés -- is consistent with our growth and internationalization strategy and is complemented acquisition of 100% of its operations in Canada, Mexico, Brazil and Panama and from the entrance to El Salvador that we recently announced.' With the latter operation, the Presence of SAAM Towage, the company that operates the tugboats Of the Chilean group, will extend to 11 nations and the consistency of its fleet will be raised to more than 170 tugs.
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