All Mergers and acquisitions articles – Page 14
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WFW advises on Zeamarine acquisition
Zeaborn Group selected Watson Farley & Williams (WFW) to advise on the acquisition of all outstanding shares in Zeamarine from its joint venture partner, New Mountain Capital.
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Terex sells more product lines
Terex has sold its boom truck, truck crane and crossover product lines to Load King – a subsidiary of Custom Truck One Source.
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UAL and BOCS team up
Universal Africa Lines (UAL) and BOCS Bremen Overseas Chartering and Shipping (BOCS) are combining their liner services and vessels that operate from Europe to West Africa.
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Panalpina improves profitability
In the first three months of 2019, Panalpina boosted its profitability by 15 percent compared to the same period of last year.
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Zeaborn to take full control of Zeamarine
The Zeaborn Group has signed an agreement to acquire the remaining shares in Zeamarine – the joint venture with Intermarine that was established in May 2018.
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Rhenus buys Freight Logistics
Rhenus Group has acquired Miami-based international forwarder Freight Logistics.
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Aertssen Group acquires ADM Team Heavy Weight
Belgium’s Aertssen Group has strengthened its position in the heavy lift market with the acquisition of ADM Team Heavy Weight.
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Straightpoint partners with Dutest in UAE
Lifting equipment supplier Dutest will distribute Straightpoint’s range of load cells throughout the UAE.
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CM Labs and Antycip form partnership
CM Labs Simulations has established a presence in Europe by partnering with Antycip Simulation.
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Noatum closes MIQ takeover
Noatum Logistics has completed the acquisition of USA-based MIQ Logistics.
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Panalpina agrees DSV takeover bid
DSV and Panalpina have reached an agreement to join forces in a deal worth approximately CHF4.6 billion (USD4.6 billion).
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Fred. Olsen Ocean takes stake in United Wind Logistics
Fred. Olsen Ocean (FOO) has acquired a 50 percent interest in United Wind Logistics (UWL) – the Hamburg-based shipping and logistics specialist active in the wind energy industry.
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MacGregor'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.