History

Almabo and EXMAR take over the shares of CMB

1991

Generale Maatschappij van België sells its CMB shares to Almabo and its shipping company EXMAR.

Under the leadership of the Saverys family, EXMAR executes a reverse takeover, making CMB the parent company of the shipping group, split into three subsidiaries: Bocimar (dry cargo), EXMAR (gas tankers) and Euronav (oil tankers).

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