Boskalis eyes up Smit’s terminals

Dredging group Boskalis and Saudi firm Rezayat Group have offered €300m for Smit International’s terminal division.

The two firms, which are 50/50 partners in terminal service company Lamnalco, say Smit’s terminals would boost their market share to 40% worldwide. Smit told ANP it was studying the all cash offer.

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