All Mergers and acquisitions articles – Page 10
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NewsMacGregor's TTS deal delayed
MacGregor’s acquisition of the marine and offshore businesses of TTS Group has been postponed to the second quarter of 2019.
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Rhenus snaps up South African forwarder
Rhenus Group has acquired South African freight forwarding and logistics specialist, World Net Logistics (WNL).
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Noatum in MIQ takeover
Noatum Logistics has signed a definitive agreement to acquire USA-based MIQ Logistics. The agreement is expected to close in the coming weeks.
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Rhenus snaps up Rodair Group
Rhenus Group has acquired Canadia-based logistics solutions provider Rodair.
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CMA nears 90 percent stake in Ceva
France-headquartered container shipping line CMA CGM is on course to control 89.47 percent of the shares in Swiss freight forwarder Ceva Logistics following a public tender.
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Hamilton on acquisition trail
Bermuda-based Hamilton Insurance Group has signed a definitive agreement with Liberty Mutual Group to acquire the Pembroke Managing Agency platform at Lloyd’s and Ironshore Europe DAC (IEDAC).
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Brookfield takes Oaktree stake
Brookfield Asset Management has acquired a 62 percent stake in Oaktree Capital Management.
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Bolloré teams up with CLS in Ethiopia
Bolloré Transport & Logistics has signed a memorandum of understanding (MoU) with CLS Logistics that outlines plans to establish a joint venture in Ethiopia.
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ISS Global Forwarding acquires Titan
ISS Global Forwarding Italy has acquired Titan Project & Logistic, effective March 1, 2019.
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Boskalis to sell Kotug Smit
Royal Boskalis Westminster and Kotug International have signed a letter of intent (LOI) to sell its joint venture Kotug Smit Towage to the Boluda Group.
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C.H. Robinson acquires Space Cargo
C.H. Robinson has acquired the Space Cargo Group, which provides freight forwarding, Customs brokerage and logistics services in Spain and Colombia, for approximately USD48 million.
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Terex waves goodbye to Demag
Terex has agreed to sell its Demag mobile cranes business unit to Tadano for approximately USD215 million.
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GTI acquires Precision Specialized Division
Canada’s GTI Transport Solution has acquired Precision Specialized Division (PSD), the heavy haulage arm of Precision Truck Lines.
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Seafox 5 turns Blue
Fred. Olsen Windcarrier has renamed the jack-up vessel Seafox 5 to Blue Tern.
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BDO completes Moore Stephens merger
International accountant and shipping adviser Moore Stephens has completed its partial merger with advisory BDO.
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Panalpina shareholder rejects DSV's bid
Panalpina’s largest shareholder, the Ernst Göhner Foundation, has rejected DSV’s USD4.1 billion offer to acquire the Swiss freight forwarder.
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BKL acquires Bruns Spezial Logistik
BKL Baukran Logistik has acquired mobile crane and heavy haulage provider Bruns Spezial Logistik, expanding the Munich-based crane specialist’s presence in north Germany.
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Kongstein teams up with GSL for US wind farms
European offshore engineering and logistics service provider Kongstein has signed a memorandum of understanding (MoU) with USA-based Green Shipping Line (GSL) to provide supply chain solutions for the offshore wind energy market in the USA.
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Ceva rejects CMA CGM's takeover bid
The board of Ceva Logistics recommended that shareholders reject CMA CGM’s latest USD1.67 billion offer to acquire the remaining shares of the Swiss logistics company.
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DSV makes move on Panalpina
Denmark’s DSV has made an offer to acquire Swiss rival Panalpina for approximately CHF170 (USD172) per share.
