Latest news from Heavy Lift & Project Forwarding International Magazine

DSV ups Panalpina bid as Agility enters the fray

Panalpina’s board of directors confirmed that it has received a revised, non-binding proposal from DSV to acquire the company at a price of CHF180 (USD178.9) per share, all in cash.

Earlier this month, HLPFI reported that Panalpina’s largest shareholder, the Ernst Göhner Foundation, rejected a USD4.1 billion offer from DSV to acquire the Swiss freight forwarder.

Panalpina also responded to media reports and confirmed that it is in early stage discussions with Kuwait-headquartered logistics services provider, Agility, regarding “potential strategic opportunities with regard to their respective logistics businesses”.

www.ernst-goehner-stiftung.ch

www.panalpina.com

www.dsv.com

www.agility.com

Heavy Lift | News

Noatum in MIQ takeover thumbnail image

Noatum in MIQ takeover

March 22 - Noatum Logistics has signed a definitive agreement to acquire USA-based MIQ Logistics. The agreement is expected to close in the coming weeks. 
Views: 711
Lindecamp joins Port Manatee thumbnail image

Lindecamp joins Port Manatee

March 21 - Florida’s Port Manatee has appointed Abby Lindecamp to the newly created position of deputy director of business administration and finance.
Views: 468
Mammoet strengthens UAE capabilities thumbnail image

Mammoet strengthens UAE capabilities

March 21 - Heavy lifting and transport specialist Mammoet has bolstered its presence in Abu Dhabi on the back of “an influx” of investment in the UAE’s oil and gas, power, water and transportation sectors.
Views: 513

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.