The Spanish maritime group Boluda Corporación Marítima further strengthen its towing division port, coastal and offshore with the acquisition of the Dutch Smit Lamnalco, which is currently a 50:50 joint venture between the Dutch Royal Boskalis Westminster and the Saudi-Kuwaiti Rezayat Group. The next change of ownership is was announced today by the Spanish newspaper "Expansión", specifying that the transaction will have a value of 800 million of euros and will allow the Spanish group to become The world's leading operator in the trailer sector maritime-port with a fleet of 750 tugs. The Ongoing negotiations to conclude the agreement should be concluded within three months.

Smit Lamnalco has 2,500 employees and a fleet of 160 units Naval.

In recent years Boluda has significantly strengthened its Boluda Towage division both acquiring new naval vessels and buying the Dutch Iskes Towage & Salvage and Kotug Smit Towage ( of the 1st August 2019 and 22 January 2021).