Smit Internationale NV Sells 50% interest in URS

Persbericht

Rotterdam, 14 January 2004. Smit Internationale NV is selling its 50% interest in the Unie van Redding- en Sleepdienst (URS), Antwerp, to Fairplay Towage Hamburg. URS is the market leader in the field of towing services, salvage operations and shipping services along the Belgian coast and on the Westerscheldt River. Since 1999, SMIT had a minority stake in URS. By purchasing a majority stake in URS of Bofort NV of Belgium, SMIT received all URS’ shares in mid-2003.

Bron: Smit Internationale, 14-01-2004;