Euronav NV has successfully concluded the acquisition of 100% of the shares in CMB.TECH NV from CMB NV, for a total purchase price of USD 1.150 billion.
ccording to a statement, Euronav and CMB.TECH together represent a group with around 150 ocean-going vessels in dry bulk, container shipping, chemical tankers, offshore wind and oil tankers. The company is headquartered in Antwerp, Belgium, and has offices across Europe and Asia.
Euronav plans to change the group’s name to CMB.TECH. Furthermore, Euronav will remain the oil tanker shipping company within the group.
This is an important step towards a sustainable future for the shipping industry. Together with CMB.TECH, we are ready to embark on a journey towards decarbonisation, pioneering a greener future of maritime activities.
… said Euronav in a post on social media