Boskalis acquires EUR 200 million worth of projects in the Netherlands
January 12 2017 - 7:23AM
Papendrecht, 12 January 2017
Royal Boskalis Westminster N.V.
(Boskalis) has over the last couple of weeks acquired a number of
medium sized and various smaller projects in the Netherlands with a
combined contract value of more than
EUR 200 million.
Today, Boskalis was awarded the project for the
expansion and doubling of the N62 road (Tractaatweg) in the
province Zeeland. Preparations are due to start in spring 2017 and
the project will be completed in the spring of 2019. The project
carries a contract value of approximately EUR 30 million.
Also today, the Dutch Directorate General for
Public Works and Water Management (Rijkswaterstaat) announced that
it intends to award the contract for the canal expansion
Twentekanalen phase 2 to the combination Boskalis and Van den
Herik. The project is aimed at the expansion of three sections of
the Twentekanalen which is necessary to increase the accessible of
the regional inland ports and to cater for larger inland barges.
The project is expected to commence in the second half 2017 and
will be completed by 2020. The contract carries a value of more
than EUR 50 million with a 50% share for Boskalis.
The remaining acquired projects include the
reinforcement of the Houtrib dike with a contract value of EUR 45
million, two coastal protection projects for Rijkswaterstaat and a
number of smaller road infrastructure projects.
For further information
Investor relations:
Martijn L.D. Schuttevâer
ir@boskalis.com
Press:
Arno Schikker
press@boskalis.com
T +31 78 6969310
Royal Boskalis
Westminster N.V. is a leading global services provider operating in
the dredging, maritime infrastructure and maritime services
sectors. The company provides creative and innovative all-round
solutions to infrastructural challenges in the maritime, coastal
and delta regions of the world with services including the
construction and maintenance of ports and waterways, land
reclamation, coastal defense and riverbank protection. In addition,
Boskalis offers a wide variety of marine services and contracting
for the oil and gas sector and offshore wind industry as well as
salvage solutions (SMIT Salvage). Furthermore, Boskalis has a
number of strategic partnerships in harbour towage and terminal
services (KOTUG SMIT Towage, Keppel Smit Towage, Saam Smit Towage
and Smit Lamnalco). With a versatile fleet of 1,000 units Boskalis
operates in around 75 countries across six continents. Boskalis has
over 8,200 employees, excluding its share in
partnerships.
This press release can also be found on our
website www.boskalis.com.
PDF version of this
press-release
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Koninklijke Boskalis Westminster N.V. via
Globenewswire
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