Latest news from Heavy Lift & Project Forwarding International Magazine

Keen Transport sold

December 7 - Wallenius Wilhelmsen Logistics ASA (WWL ASA) has signed an agreement to acquire 100 percent of the shares in USA-based Keen Transport.

WWL ASA will acquire the shares from Platinum Equity, an organisation that specialises in the mergers, acquisitions, and operations, for USD64 million, which includes 14 logistics facilities across the USA, plus a fleet of 143 trucks and 390 trailers. 

Keen Transport, which was acquired by Platimum Equity in 2012, provides heavy-haul logistics and transportation services for the construction, mining, and agriculture equipment markets in the USA and operates 14 high and heavy equipment processing centres. The brand will be retained for now.

According to WWL ASA, the Pennsylvania-headquartered company provides value-added facility services, equipment modification, transportation and load consolidation for approximately 20 original equipment manufacturers (OEM). 

"With Keen as part of our group we will become the clear market leader in the US high and heavy equipment processing space, positioning ourselves for the forecasted growth in this segment," says Craig Jasienski, president and ceo of WWL ASA.

WWL ASA says the increased footprint represents an opportunity to capitalise on the improving mining and construction sector in the USA, as well as substantiate a trend where more advanced work and services are performed at equipment processing centres - outsourced from OEM factories.

 

www.walleniuswilhelmsen.com

www.keentransport.com 

Heavy Lift | News

ESTA joins EC best practice project thumbnail image

ESTA joins EC best practice project

July 16 - The European association of abnormal road transport and mobile cranes (ESTA) has been asked to support a European Commission study to “explore health, safety and environment (HSE) best practice in the wind power sector”.
Views: 397
LDA installs kite system  thumbnail image

LDA installs kite system 

July 16 - Louis Dreyfus Armateurs (LDA) has fitted its ro-ro vessel Ville de Bordeaux with an AirSeas kite system, as it looks to develop the use of wind propulsion technologies.
Views: 371
Sarens partners with Moir Crane thumbnail image

Sarens partners with Moir Crane

July 16 - Sarens has teamed up with Canada’s Moir Crane as the two companies look to capitalise on the region’s upcoming construction projects.
Views: 420
Karl Gross teams up with Natco thumbnail image

Karl Gross teams up with Natco

July 15 - Bremen-headquartered Karl Gross Group and Natco SA have formed an exclusive partnership in South Africa.
Views: 602

Heavy Lift Across The World

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