Royal Boskalis Westminster (Boskalis) has concluded the acquisition of offshore-related activities from VolkerWessels. The acquired activities consist of VBMS, Stemat and VSI (Volker Stevin International).
VBMS is active in the field of offshore cable installation and Boskalis already held 50% of the shares in VBMS and has acquired the remaining 50% through this transaction. Stemat has a global offering of specialised floating equipment and a diverse fleet that includes a cable-laying vessel and multi-purpose vessels. VSI is specialized in the construction of offshore foundations and maritime constructions. The activities will be consolidated as of the third quarter this year.