Boluda Towage Rotterdam B.V. entered into an agreement to acquire Smit Lamnalco International B.V. from Royal Boskalis Westminster N.V. and The Rezayat Group Ltd. on February 9, 2023. The transaction is subject to regulatory approvals in several countries. The transaction is expected to close in fourth quarter of 2023.

César Albiñana, Mark Ziekman, Yasar Celebi, Annemieke Hazelhoff, Nigel Henssen, Robert Jong, Robin Sijbesma, Fleur van Assendelft de Coningh, Elmer Veenman, Antonio Pino, Ignacio Cerrato, Laura Houtman, and Lisa Meijer of CMS acted legal advisor to Boluda Towage Rotterdam.