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    Smit acquires URS in Belgium

    News // July 4, 2003
    Smit International in the Netherlands has acquired Belgian towage operator Unie van Redding- en Sleepdienst (URS), obtaining a 50.1 per cent shareholding in the company from co-owner Bofort for an undisclosed sum.

    In a statement issued at the time, Smit said the deal was the first step in a "strategic reorientation" within the group.

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