SAAM Towage takes ownership 100% of Intertug, reinforcing its position in Latin America
SAAM, a leading towage services company in the Americas, has signed an agreement to purchase 30% of Intertug’s companies operating in Colombia and Mexico, giving it 100% ownership.
The deal represents an investment of US$30.5m and is part of SAAM’s strategy to further consolidate its towage operations and strengthen its leadership in both countries.
Back in 2021, the purchase of 70% of these companies enabled SAAM to enter the Colombian market and complement its presence in Mexico.
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