All Mergers and acquisitions articles – Page 14
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NewsWatco takes control of Industrial Terminals
Watco Companies has acquired the leasehold ownership of Industrial Terminals from Industrial Maritime Carriers (IMC) and Intermarine.
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Hunt & Palmer soars with acquisition
Hunt & Palmer (H&P) has acquired all of the shares in UK-based Aircraft Chartering Services, upon the retirement of its founder Mark Hugo.
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CMA CGM takes stake as CEVA logistics plans to float
CMA CGM is to acquire a 25 percent stake in CEVA Logistics as part of the planned flotation of the CEVA business, which was announced yesterday.
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Van Beest merges brands
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.
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Manitoulin adds IPE to portfolio
Quebec-headquartered Manitoulin Global Forwarding has acquired Toronto-based IPE Logistics Canada.
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Trail King and Goldhofer ink sales deal
Germany's Goldhofer and USA-headquartered Trail King have teamed up to promote each other's range of trailers around the world.
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OMA teams up with 3PL Energy
OMA Group has entered into a collaboration agreement with oil and gas supply chain specialist 3PL Energy, to strengthen its oil and gas capabilities in Senegal.
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DFDS acquires U.N. Ro-Ro
Danish shipping and logistics group DFDS has acquired 98.8 percent of the shares in Turkey's U.N. Ro-Ro, for approximately EUR950 million (USD1.7 billion).
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Cosco's OOCL acquisition on track
Cosco Shipping's planned acquisition of Orient Overseas Container Line (OOCL) is on track to be completed by the end of June, according to Reuters.
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Bishop plays it safe with acquisition
Bishop Lifting Products has acquired Safeway Sling USA, a sling fabrication company headquartered in Greendale, Wisconsin.
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Conbit lines up with Frames
Conbit, a subsidiary of transport engineering company ALE, has formed a partnership with Frames - a supplier of equipment used in oil, gas and energy projects.
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HHLA buys Transiidikeskuse terminal
Hamburger Hafen und Logistik (HHLA) has acquired Estonian terminal operator Transiidikeskuse, located close to the port of Muuga, near Tallinn.
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ALE and Roll-Lift end JV
ALE and Roll-Lift have ended their Canadian joint venture - ALE Roll-Lift Canada.
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Fesco and CJ Logistics team up
Fesco has signed a memorandum of understanding (MoU) with South Korea's CJ Logistics, part of the CJ Group, to implement joint logistics projects in Russia, Central Asia and Turkey.
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Rhenus rebrands KOG
KOG Transport has been rebranded to Rhenus Project Logistics and fully integrated with the Rhenus Group.
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DP World takes over Cosmos
DP World has acquired Peruvian logistics provider Cosmos Agencia Maritima (CAM) for USD315.7 million.
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Sterling Global Marine acquires
In the UK, Sterling Global Marine has acquired fellow marine surveying company, Geoff Waddington & Partners in a move it says will allow the company to significantly upscale its business across both the leisure and commercial industry sectors.
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Logistec expands with Gulf Stream Marine
Canada-based Logistec has expanded its network of terminals with the acquisition of Gulf Stream Marine, a cargo handling and stevedoring specialist in the US Gulf Coast region.
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HSH Nordbank privatised
Germany's state-owned HSH Nordbank has been acquired by a consortium of private equity firms in a deal with an estimated value of approximately EUR1 billion (USD1.2 billion).
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Buyers found for HSH Nordbank
The Wall Street Journal (WSJ) has reported that US private equity firms J.C. Flowers & Co and Cerberus Capital Management have agreed to buy German lender HSH Nordbank for up to EUR1 billion (USD1.2 billion).
