Boskalis increases Fugro holding up to 25.1%

By Finance

Royal Boskalis Westminster N.V. (Boskalis) has increased its Fugro N.V. holding up to 25.1%. Boskalis has pointed out that this is by no means a step towards making an offer. Boskalis regards Fugro as being an interesting company that has established strong market positions relating to its core activities, the company commented via a press release.

Image: Furgo

Boskalis’ strategy focuses on offshore as well as (maritime) infrastructure, combining the use of both high end know-how and maritime assets. When regarding Fugro’s activities this strategy fits rather well. The two companies share a lot of common traits when concerning the area of assets, know-how, capital intensity, global coverage, customer base and both happen to be global leaders in their respective niche markets.