Boskalis Increases Stake in Furgo
- Business & Finance
Royal Boskalis Westminster N.V. (Boskalis), a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors, has increased its holding in Fugro N.V. to 20.01%.
Boskalis has stressed that this is not a step towards making an offer. Boskalis views Fugro as an interesting company with strong market positions in its core activities.
The strategy of Boskalis is focused on offshore and (maritime) infrastructure, making use of the combination of high end know-how and maritime assets.
This fits very well with the activities of Fugro. The two companies have a lot in common in the area of assets, knowledge, capital intensity, global coverage, client base and are both global leaders in niche markets.