Latest news from Heavy Lift & Project Forwarding International Magazine

TGP acquires Natco Germany

UK-based Trans Global Projects (TGP) has acquired Germany’s Natco GmbH, effective October 1, 2018.

The takeover of the Bremen-headquartered firm is being conducted via TGP’s subsidiary Natco Holding, based in Switzerland. Christian Hager, managing director of Natco Germany, will retain his current role and additionally assume leadership for TGP Germany in the future.

The Natco deal also establishes TGP as a majority stakeholder in the Brazilian transport company NPT Brasil Projetos & Transportes Internacionais (NPT). Marco Bregoli will continue to serve as NPT’s managing director.

Both NPT and Natco GmbH offer a similar portfolio of international logistics services to that of the TGP, and are specialists in project management and heavy lift transports. According to TGP, their integration into the group serves to expand its presence in Europe and South America.

Following the launch of new subsidiaries in Turkey (Istanbul) and China (Dalian and Shanghai) earlier this year, the Natco Germany and NPT Brasil acquisitions represent the third network expansion for TGP in 2018.

While the Turkish and Chinese subsidiaries are operated under the TGP name, both Natco GmbH in Germany and Natco AG in Switzerland will continue to operate under the Natco brand.

www.natco.ch

www.natco.de

www.tglobal.com

Heavy Lift | News

Qube in LCR takeover thumbnail image

Qube in LCR takeover

May 17 - Australia-based Qube Holdings has acquired industrial logistics service provider LCR Group in a deal valued at AUD135 million (USD93.2 million).
Views: 424
Maersk progresses with logistics integration thumbnail image

Maersk progresses with logistics integration

May 16 - APM Terminals Inland Services will be integrated into Maersk Logistics & Services from August 1, 2019, as the shipping company looks to develop its landside service offering.
Views: 533
Kern elected at Panalpina  thumbnail image

Kern elected at Panalpina 

May 10 - Panalpina’s annual general meeting has named Thomas Kern as chairman of the board. 
Views: 1260

Heavy Lift Across The World

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