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Palfinger to buy TTS

June 20 - Austrian deck equipment manufacturer Palfinger Marine has entered into an agreement to acquire Norway based marine and offshore equipment supplier TTS Group.

Under the terms of the agreement, Palfinger will acquire all the shares in TTS Group for a price of NOK5.6 (USD0.68) per share, valuing the Norwegian company at around NOK600 million (USD72.4 million).

The TTS Group board of directors has unanimously resolved to recommend that its shareholders accept the offer, said a statement.

Heavy Lift | News

Buss launches JV with Idea thumbnail image

Buss launches JV with Idea

June 14 - Hamburg-based Buss Offshore Solutions and French logistics provider Idea established a joint venture that will serve the offshore market in France.
Views: 408
ALS moves in Hull thumbnail image

ALS moves in Hull

June 14 - UK-headquartered Abnormal Load Services (ALS) is relocating to larger premises in Hull.
Views: 375
Seville ships Haliade towers thumbnail image

Seville ships Haliade towers

June 14 - Tower sections that will make up General Electric’s (GE) Haliade-X offshore wind turbine have been loaded onto the multipurpose vessel Palmerton at the port of Sevilla, Spain.
Views: 414
Gantry on the move thumbnail image

Gantry on the move

June 13 - Collett & Sons loaded a 100-tonne gantry onto double bogie trailers ahead of a 250 mile (402.3 km) journey from the heavy haulier's depot in Goole to Gatwick, UK.
Views: 433

Heavy Lift Across The World

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