Boskalis Raises Stake in Fugro

Royal Boskalis Westminster N.V. (Boskalis) announced that it has increased its holding in Fugro N.V. to 20.01%, stressing that the move is not a step towards making an offer.

Boskalis said views Fugro as “an interesting company with strong market positions in its core activities.”

Boskalis noted that its strategy fits well with the activities of Fugro, adding 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.