All Mergers and acquisitions articles – Page 15
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NewsBuyers 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).
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RollDock and SAL form dock vessel pool
Effective April 1, 2018, RollDock and SAL Heavy Lift will establish a shipping pool for dock vessels.
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M&A activity on the table for DSV
After the successful integration of UTi Worldwide, DSV says consolidation and merger and acquisitions (M&A) remain on its agenda for 2018.
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MacGregor in TTS deal
MacGregor, part of Cargotec, has entered into an agreement to acquire the marine and offshore business activities of TTS Group, a global provider of cargo handling equipment, for EUR87 million (USD106 million).
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AAL and HMM link up
AAL and Hyundai Merchant Marine (HMM) are set to launch a joint Far East - Middle East multipurpose liner service.
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Zeaborn gobbles up E.R. Schiffahrt
Consolidation in the German ship management sector is gaining momentum with Bremen-based Zeaborn Group acquiring 100 percent of the shares in ship management company E.R. Schiffahrt for an undisclosed amount.
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Boluda expands in Europe
Boluda Lines, part of Boluda Corporación Marítima, has expanded its ro-ro and project cargo logistics services in northern Europe through strategic alliances with maritime companies operating in France, Belgium, the Netherlands, Germany and the UK.
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Almajdouie expands presence
Almajdouie Logistics has signed an agreement with Sinotrans, outlining expansion plans for its joint venture partnerships in the Middle East.
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Mammoet strengthens in Spain
Mammoet has entered into partnerships with Spanish heavy transport specialists Arbegui and Transmodal, with the aim of strengthening its presence in the Spanish market.
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Falcon and Tiger form hybrid
Falcon Maritime India, a subsidiary of New York-based Falcon Maritime and Aviation, has merged its operations with Tiger Logistics India.
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Malin Integrated Solutions launches
Scotland's Malin Group has formed a joint venture with Marint (Offshore Services) and Dixon Marine Consulting (DMC).
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Aertssen plans Michielsens take over
Aertssen Group is set to acquire crane rental company Michielsens.
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DFDS completes Alphatrans deal
DFDS has completed the acquisition of 100 percent of the shares of the Dutch Alphatrans Group, following the approval by the German competition authority.
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Yang Kee completes Fliway acquisition
Yang Kee Logistics has completed the acquisition of 100 percent of the shares in New Zealand's Fliway Group for SGD52.1 million (USD39.2 million).
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Freja acquires Transcargo
December 27 - Freja Transport & Logistics has signed an agreement for the acquisition of transport company Transcargo.
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Hutchison takes TMA stake
December 22 - Hutchison Ports has acquired a 50 percent shareholding in TMA Logistics.
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Rickmers appoints Merchant Shipping
December 20 - Rickmers-Line, part of the Zeaborn Group, has appointed Merchant Shipping Services in Mumbai as its agent in India, effective January 1, 2018.
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Mayfair sells stake in DNV GL
December 18 - Norway's Stiftelsen Det Norske Veritas has assumed full ownership of quality assurance and risk management company DNV GL, following the acquisition of Germany-based Mayfair's remaining shares in the company.
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LaRue to step down at Corpus Christi
December 18 - The Port of Corpus Christi's executive director, John LaRue, will step down from his duties on January 1, 2018 and officially retire from the port in June 2019.
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Ghent and Zeeland set to merge
December 15 - January 1, 2018 will see the commencement of North Sea Port, the entity that has been created by the merger between the port authorities of Zeeland Seaports in the Netherlands and the Port of Ghent in Belgium.
