Press release
Boskalis strengthens position on German market and closes Strabag Wasserbau acquisition
Boskalis strengthens position on German market and closes Strabag Wasserbau acquisition Papendrecht, 4 April 2016
Royal Boskalis Westminster N.V. (Boskalis) has concluded the acquisition of the dredging activities and assets of STRABAG Wasserbau GmbH. The transaction price of EUR 70 million has been financed from Boskalis' own cash.
With the transaction Boskalis acquires the equipment, personnel and relevant contracts of STRABAG Wasserbau