Mediterranean Shipping Company has confirmed that it is set to acquire international towage operator Rimorchiatori Mediterranei.

The company is being acquired from Rimorchiatori Riuniti and Frankfurt-listed asset management company DWS Group, which has a 35% stake.

“With this transaction, MSC continues to confirm its willingness to further improve towage service efficiency across all Rimorchiatori Mediterranei’s operations,” the Swiss liner and cruise company said.