All Mergers and acquisitions articles
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NewsLogistec to acquire FMT
Logistec Stevedoring has acquired the Canadian and US marine terminal business of Fednav, including Federal Marine Terminals and its logistics division Fednav Direct (FMT).
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MSC completes Bolloré Africa Logistics acquisition
MSC Group’s wholly owned subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics.
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Hapag-Lloyd to buy SAAM’s terminal business
German shipping company Hapag-Lloyd has signed a binding agreement to acquire SAAM Ports and SAAM Logistics, as well as real estate assets related to the logistics business.
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Bishop acquires Westech Rigging Supply
USA-based under-the-jib equipment specialist Bishop Lifting Products has acquired Westech Rigging Supply, which has locations in Eugene and Salem, Oregon.
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Swain expands with acquisitions
The Swain Group, one of the UK’s largest general haulage and specialist transport companies, has acquired Proctors Transport (Langar) and W.Coy & Son. Both companies are based in Nottingham and are involved in building sector distribution and agricultural machinery transport.
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HAL Boskalis bid moves forward
HAL has increased its takeover offer for Boskalis to EUR33 (USD33) per share – up from EUR32.
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Savosolar ties up with VG-Shipping
VG-Shipping has signed a conditional share exchange agreement with solar thermal energy developer Savosolar to sell marine logistics company Meriaura along with VG EcoFuel. VG-Shipping will become majority shareholder in Savosolar.
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Denholm expands in Belfast
Scruttons (NI), part of Denholm Logistics Group, has acquired the Belfast-based specialist steel stevedoring company William Reid.
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RightShip expands with Thynk Software purchase
RightShip will acquire Thynk Software’s maritime technology business. Thynk’s founder and ceo, Marlon Grech, will become RightShip’s chief technology officer.
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Maersk to acquire Martin Bencher
A.P. Moller - Maersk (Maersk) has reached an agreement to acquire Denmark-based project logistics specialist Martin Bencher Group.
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Bishop expands with All-Lifts acquisition
Bishop Lifting Products has acquired New York-headquartered All-Lifts – a fabricator of wire rope slings, synthetic slings, alloy chain slings and below-the-hook lifting devices.
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Inchcape in Kennedy Hunter acquisition
Inchcape Shipping Services has agreed to buy port agency provider Kennedy Hunter in Belgium from Conti-Lines Group.
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Ceva acquires Spedag Interfreight
Ceva Logistics has acquired East African forwarding specialist Spedag Interfreight.
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Nordic Crane takes over Kran-Kompagniet
Nordic Crane has acquired a 70 percent stake in Danish crane company Kran-Kompagniet.
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HAL launches Boskalis takeover
The Netherlands-headquartered HAL has launched its all-cash takeover of Boskalis with an offer that values the heavy lift and marine services contractor at USD4.42 billion.
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DSV unaware of any C.H. Robinson divestment process
DSV has said it is unaware of any divestment process at C.H. Robinson after reports emerged that the Danish forwarder was interested in buying the US firm’s forwarding business, reports HLPFI’s sister title Air Cargo News.
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Harren & Partner acquires HeavyLift@Sea stake
Harren & Partner Group has acquired a major stake in Hamburg-based ship design and engineering service provider HeavyLift@Sea.
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Maersk acquires Senator International
A.P. Møller - Mærsk has acquired freight forwarding company Senator International.
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Wilhelmsen ups NorSea stake
Wilhelmsen has increased its stake in NorSea, securing 99 percent ownership in the Norwegian company.
