All Mergers and acquisitions articles – Page 15
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Scan Global snaps up Macca Logistics
Denmark-based Scan Global Logistics (SGL) has acquired 55 percent of Mali-based Macca Logistics, including its operations in Dakar, Senegal and Abidjan, Ivory Coast.
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Maxim expands footprint with Tri-State
USA-based crane rental and lifting services provider Maxim Crane Works has acquired the assets of Cincinnati-based Tri-State Crane.
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Centurion in Triton takeover
Australian heavy haulage provider Centurion has acquired Triton Transport Service, a specialist heavy haulage and general freight company based in Western Australia.
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Jan De Nul's latest discovery
Jan De Nul Group has signed an agreement with Vroon Group to acquire MPI Offshore’s jack-up crane vessel MPI Discovery, together with its crew and a number of MPI’s employees.
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Kelsey Trail Trucking merges with Big Freight Systems
In Canada, Big Freight Systems, a Daseke company, has announced a merger with Kelsey Trail Trucking.
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Van Oord eyes MPI acquisition
Van Oord has signed a letter of intent with Vroon Group to acquire MPI Offshore, a specialist offshore wind installation contractor.
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Hapag-Lloyd declines CMA CGM offer
French shipping line CMA CGM has reportedly approached German rival Hapag-Lloyd over a possible non-cash merger.
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POSH Kerry Renewables opens in Taiwan
Offshore marine services provider PACC Offshore Services Holding (POSH) and Kerry TJ Logistics have formed a joint venture in Taiwan - POSH Kerry Renewables - targeting the offshore renewables market in the region.
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Unlimited expansion for BNSF
BNSF Logistics has acquired Texas-based third-party logistics provider Unlimited Freight.
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ESL 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.