As part of its Horizon 2010
strategy plan Bourbon has announced the intention of Grupo
Boluda Corporacion Maritima to purchase the harbour towage activity of Les
The acquisition plan is an opportunity for Les Abeilles to grow and
expand its harbour towage operations. The size and international presence
of harbour towage operators have become decisive factors for success in a
market in which many cases of consolidation have been observed in recent
The acquisition plan would therefore be totally relevant in view of the
companies' complementary geographical fields of operation, added to the
reputation of the buyer, who has clearly demonstrated his intention to
invest and become a major player in harbour towage.
The sale of stock in the companies concerned would not have any impact
on employees who would retain their status, seniority and benefits.
It should be emphasized that the plan concerns harbour towage only
does not include protection of the French coastline by vessels chartered by
the French navy and carried out by Les Abeilles International which will
still be part of Bourbon.
The project is currently under instruction and consultation by the
staff representative bodies of the companies concerned.