All Mergers and acquisitions articles – Page 11
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Boskalis completes sale of Kotug Smit
Royal Boskalis Westminster, together with its co-shareholder Kotug International, completed the sale of Kotug Smit Towage to Boluda Group.
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MIQ to rebrand as Noatum Logistics
MIQ Logistics will be rebranded as Noatum Logistics, as the companies progress with the post-takeover transition.
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Mammoet to acquire ALE
Mammoet has confirmed that it has signed an agreement to acquire UK-based competitor ALE.
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Bishop takes AWRS
Rigging gear and under-the-jib equipment specialist Bishop Lifting Products has completed the acquisition of American Wire Rope & Sling (AWRS), a leading provider of rigging, lifting and overhead crane solutions.
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MacGregor moves forward with TTS acquisition
MacGregor’s acquisition of the marine and offshore businesses of TTS Group has received clearance from the Chinese competition authorities.
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Buss Group in SSC takeover
Buss Group has acquired SSC Wind – a technical services provider to the wind energy sector.
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Mammoet in advanced acquisition talks with ALE
Mammoet has confirmed that it is in advanced discussions with ALE regarding a purchase agreement, under which Mammoet will acquire the UK-headquartered heavy lift and specialist transport provider.
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Chinese terminals merge
Cosco Shipping Ports has entered into a merger agreement with Tianjin Port Holdings and China Merchants International Terminals, according to media reports.
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DP World acquires Topaz
Port terminal operator DP World has entered the oilfield services sector having acquired Topaz Energy and Marine in a deal valued at nearly USD1.1 billion.
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Consortium buys Euroports
A consortium consisting of R-Logitech (a subsidiary of Monaco Resources Group), as well as Belgian investment firms PMV and FPIM, has acquired port operator Euroports Holdings.
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DSV extends offer period for Panalpina
DSV has extended its main offer period for the CHF4.6 billion (USD4.6 billion) acquisition of Panalpina by 15 days.
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Aqualis completes Braemar acquisition
Aqualis has completed the acquisition of the offshore, adjusting and marine business lines of Braemar Shipping Services.
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Avia Solutions buys Chapman Freeborn Group
Avia Solutions Group has agreed to acquire 100 percent of the shareholding in UK-headquartered Chapman Freeborn Group.
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Buss launches JV with Idea
Hamburg-based Buss Offshore Solutions and French logistics provider Idea established a joint venture that will serve the offshore market in France.
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Barnhart acquires Burkhalter Rigging
Barnhart Crane and Rigging has agreed to acquire the majority of Mississippi-based Burkhalter Rigging’s assets.
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WSM strengthens renewables portfolio
Wilhelmsen Ship Management (WSM) has acquired a 50 percent stake in NorSea Wind.
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RRS continues rapid expansion
Portsmouth, UK-based Rapid Response Solutions (RRS) has acquired Aberdeen-based Plantshifters.
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Bansard secures footprint in Australia
Bansard International has acquired a stake in Australia’s Cargo Line International.
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Allseas Global Logistics takes Naxco stake
UK-headquartered Allseas Global Logistics has acquired a 17.5 percent stake in France-based integrated shipping and logistics company Naxco Group.
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Crosby acquires Gunnebo Industries
Lifting, rigging and material handling equipment supplier the Crosby Group has acquired Sweden-headquartered Gunnebo Industries from Nordic private equity firm Segulah.