BOLUDA TOWAGE BECOMES THE WORLD’S LEADING MARITIME COMPANY IN THE TOWAGE INDUSTRY
BOLUDA TOWAGE BECOMESTHE WORLD’S LEADING MARITIME COMPANYIN THE TOWAGE INDUSTRY ● Boluda Corporación Marítima, through its Boluda Towage division, has reached anagreement to acquire Smit Lamnalco (“SL”), the world’s fifth-largest towage operator.● Boluda Towage will thus become a world leader, with high growth potential and thecapacity to further consolidate the sector.● This operation will enable the company to strengthen its presence in strategic marketssuch as Australia, the Middle East, and West Africa, with a presence in 50 countries. Madrid, February 9, 2023 – With the acquisition of Smit Lamnalco (“SL”), Boluda Towage– the business line of Boluda Corporación Marítima that focuses its activity on port,coastal and offshore towage, as well as maritime salvage – becomes the world’s leadingcompany in the