South African company buys Smit Amandla Marine

African Marine Solutions Group (Amsol) has bought Southern Africa-focused specialist marine solutions provider Smit Amandla Marine from Netherlands-based maritime infrastructure company Royal Boskalis Westminster for €50-million, returning the company to South African ownership. Amsol is owned by a consortium including Smit Amandla Marine management and employees, the Mineworkers Investment Company (MIC), Pan-African Capital Holdings and RMB Ventures.