by Patrick Hill » Fri May 24, 2024 3:14 pm
We are delighted to announce that Boluda Towage has signed an agreement with the British company SMS Towage Limited for the acquisition of the latter. The signing ceremony took place in Hessle (Hull) today.
▶ The acquisition involves taking over the harbour & offshore towage services and marine operations, together with the management, office staff, crew, and fleet, based in the United Kingdom.
▶ The broader presence in the UK is a further step towards strengthening Boluda Towage’s global network and connecting its activities in the UK.
▶ With its high-quality services, diverse fleet of tugs, and adaptable approach, Boluda Towage responds flexibly to its customer’s needs and the requirements of its business partners.
Vice President executive Boluda Towage, Mr. Vicente Boluda Ceballos, added: “The strong local team, with highly engaged colleagues, will bring a lot of experience and expertise to our company. Having exciting times ahead of us we certainly intend to deploy SMS Towage’s professional crews and experienced employees on future projects”.
Commenting on the sale, SMS Towage owner Paul Escreet stated: “I want to express my heartfelt gratitude to the entire team for their unwavering dedication and hard work while working within SMS Towage. The team has been the backbone of our success, and I am confident that under Boluda's ownership, SMS Towage will continue to thrive.”
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Rgds
Patrick