Boskalis Increases Holding in Fugro

Royal Boskalis Westminster N.V. informs it has increased its holding in Fugro N.V. to 25.1%, stressing that the move is not a step toward making an offer.

“Boskalis views Fugro as an interesting company with strong market positions in its core activities,” the company said in a press release.

Boskalis explained that its focused is on offshore and maritime infrastructure fits well with Fugro’s activities, and that 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.