All Mergers and acquisitions articles – Page 13
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NewsESL eyes AtoB@C acquisition
Finland’s ESL Shipping is set to acquire all of the outstanding shares of Swedish AtoB@C Shipping and AtoB@C Holding for approximately EUR30 million (USD34.9 million).
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Scan Global Logistics expands in Australia
Effective July 2, 2018, Scan Global Logistics Australia acquired the Australia-based freight forwarder Kestrel Freight & Customs, writes Erin Bossick.
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Cosco gets the green light for OOCL acquisition
Cosco Shipping’s acquisition of Orient Overseas Container Lines (OOCL) has received approval from Chinese anti-trust authorities.
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Daseke snaps up Aveda Transportation
Texas-based flatbed and specialised haulage company, Daseke, has completed the acquisition of Aveda Transportation and Energy Services.
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LBH and Rhenus target waterway market
Port services provider LBH Group is planning to form a joint venture with logistics service provider Rhenus in the European inland waterway shipping sector.
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Fracht takes over Polytra
Effective July 1, 2018, the Switzerland-based Fracht group has acquired the Belgium-based forwarding company Polytra.
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Adani takes Kattupalli stake
Adani Ports and Special Economic Zone (APSEZ) has acquired 97 percent of the shares of Marine Infrastructure Developer Private Limited (MIDPL), the developer and operator of Kattupalli port in India.
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Fairplay relocates in Germany
Fairplay Towage has moved its corporate headquarters following last year’s acquisition of Bugsier Reederei.
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Barnhart lines up Strate acquisition
Barnhart Crane and Rigging is set to acquire Idaho-based crane service provider Strate Line Crane and Rigging.
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GlobalTranz goes to Jordan
USA-based freight broker GlobalTranz Enterprises has been sold to private equity firm The Jordan Company.
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Kerry Logistics expands project logistics capabilities
Kerry Logistics has acquired a majority stake in Saga Italia, strengthening its service portfolio and project logistics capabilities.
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Sarens plucks Makzume in Turkey
Sarens has formed a joint venture with LAM - Lyonel A. Makzume Shipping Agencies (Makzume) to expand its operations in Turkey and neighbouring countries.
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Kerry Logistics expands in South Africa
Kerry Logistics has acquired Johannesburg-based freight forwarding and logistics company, Shipping and Airfreight Services (SAS).
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Intermarine and Zeaborn form Zeamarine
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.
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Western acquires Squamish Terminals
Western Stevedoring has acquired Squamish Terminals from Norway's Grieg Star.
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ATS inks TOTE partnership
ATS International, a division of Anderson Trucking Service (ATS), has entered into a strategic partnership with TOTE Maritime Puerto Rico for the provision of its equipment for shipping non-containerised cargo.
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Sparrows flies into Indonesian deal
Sparrows Group has appointed heavy lift equipment supplier Superkrane as its agent in Indonesia.
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Goldhofer boosts representation in Spain and Portugal
Goldhofer has appointed Mycsa Mulder y Co as its exclusive sales and service partner for Spain and Portugal.
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Ocean7 opens Bangkok office
Ocean7 Projects has established an office in Bangkok, Thailand, in a joint venture with WeShip Projects.
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RWG goes for Gold in Vietnamese merger
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.
