Smit Acquires the Remaining Shares in URS
On the last day of 2007 Smit Internationale NV announced its agreement with Fairplay Towage to acquire Fairplay’ s 50% interest in Antwerp based URS. Through this acquisition Smit will become 100% shareholder of URS, the leading towage provider in Belgium. The total value of this transaction was given as € 182.5m.
On the last day of 2007 Smit Internationale NV announced its agreement with Fairplay Towage to acquire Fairplay’ s 50% interest in Antwerp based URS. Through this acquisition Smit will become 100% shareholder of URS, the leading towage provider in Belgium. The total value of this transaction was given as € 182.5m.
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