1 August 2022

Allen & Gledhill advised Rimorchiatori Mediterranei SpA (“RMED”), a leading harbour towage operator headquartered in Italy and subsidiary of Rimorchiatori Riuniti Group, on its 100% acquisition of Keppel Smit Towage Private Limited and Maju Maritime Pte Ltd.

The transaction was signed in November 2021 after a highly competitive bidding process and closed in June 2022 after obtaining approval from the Singapore Maritime Port Authority. Following completion of the transaction, RMED became the third-largest towage operator in the world.

Advising RMED were Allen & Gledhill Partners Teoh Sze Min and Jonathan Choo.


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