CMB subsidiary buying 27% stake in Anglo-Eastern Group
Antwerp-based Compagnie Maritime Belge said its wholly owned subsidiary Bocimar Hong Kong has agreed to buy a 27 percent stake in the Anglo-Eastern Group whose activities include ship and crew management and newbuilding consultancy services.
“Through this acquisition CMB will establish itself in this specialized sector and secure its access to ship management and crew management services,” CMB said in a statement.
The Belgian company said the deal, still subject to due diligence, is expected to be finalized in August.
CMB subsidiary buying 27% stake in Anglo-Eastern Group