The Dutch Royal Boskalis will acquire full control
of the port towage and maritime services company
to the offshore industry Smit Lamnalco by acquiring 50% of the capital
owned by the Saudi group Rezayat. Announcing today the
signing of an agreement to acquire the stake, Royal Boskalis
announced that last year Smit Lamnalco recorded revenues
of approximately $275 million and a gross operating margin of
100 million.