Business News | Mergers and Acquisitions

The merger and acquisition (M&A) activities of companies involved in the movement of heavy and oversize project and breakbulk cargoes, including new joint ventures, cooperation agreements and takeovers.

GlobalTranz goes to Jordan

June 8 - USA-based freight broker GlobalTranz Enterprises has been sold to private equity firm The Jordan Company.

Sarens plucks Makzume in Turkey

June 4 - Sarens has formed a joint venture with LAM - Lyonel A. Makzume Shipping Agencies (Makzume) to expand its operations in Turkey and neighbouring countries.

Intermarine and Zeaborn form Zeamarine

May 29 - With Breakbulk Europe set to open in a few hours, Maritime Holdings Delaware, parent company of Intermarine, and Zeaborn Group have surprised the heavy lift and multipurpose shipping sector with the formation of a joint venture entity - Zeamarine.

RWG goes for Gold in Vietnamese merger

May 3 - Red Wolf Global (RWG) has merged its Vietnamese operations with Gold Line Company, a non-asset based international logistics firm based in Ho Chi Minh City.

Van Beest merges brands

April 20 - The Netherlands-based Van Beest, which manufactures Tycan fibre chain, Excel chain fittings and Green Pin rope fittings, is merging its Tycan and Excel brands into Green Pin, with immediate effect.

Heavy Lift Across The World

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