Boluda Towage, the marine-port towage company of the Spanish group Boluda, bought the Ecuadorian Cititug, Guayaquil company operating in the same sector and which has a fleet of five tugs (Esperanza I, ASD Santa Fe, ASD Mater, ASD Alyssa and Valentina) also included in the transaction. Cititug was sold by the Ecuadorian maritime-port group Citikold.

"The acquisition of Cititug - commented the president executive of Boluda Towage, Vicente Boluda Ceballos - marks a step important for our expansion in Latin America and allows us to to enter Ecuador alongside a company with great experience and a deep knowledge of the local market».