All Mergers and acquisitions articles – Page 15
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ISS Global Forwarding acquires Titan
ISS Global Forwarding Italy has acquired Titan Project & Logistic, effective March 1, 2019.
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Boskalis to sell Kotug Smit
Royal Boskalis Westminster and Kotug International have signed a letter of intent (LOI) to sell its joint venture Kotug Smit Towage to the Boluda Group.
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C.H. Robinson acquires Space Cargo
C.H. Robinson has acquired the Space Cargo Group, which provides freight forwarding, Customs brokerage and logistics services in Spain and Colombia, for approximately USD48 million.
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Terex waves goodbye to Demag
Terex has agreed to sell its Demag mobile cranes business unit to Tadano for approximately USD215 million.
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GTI acquires Precision Specialized Division
Canada’s GTI Transport Solution has acquired Precision Specialized Division (PSD), the heavy haulage arm of Precision Truck Lines.
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Seafox 5 turns Blue
Fred. Olsen Windcarrier has renamed the jack-up vessel Seafox 5 to Blue Tern.
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BDO completes Moore Stephens merger
International accountant and shipping adviser Moore Stephens has completed its partial merger with advisory BDO.
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Panalpina shareholder rejects DSV's bid
Panalpina’s largest shareholder, the Ernst Göhner Foundation, has rejected DSV’s USD4.1 billion offer to acquire the Swiss freight forwarder.
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BKL acquires Bruns Spezial Logistik
BKL Baukran Logistik has acquired mobile crane and heavy haulage provider Bruns Spezial Logistik, expanding the Munich-based crane specialist’s presence in north Germany.
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Kongstein teams up with GSL for US wind farms
European offshore engineering and logistics service provider Kongstein has signed a memorandum of understanding (MoU) with USA-based Green Shipping Line (GSL) to provide supply chain solutions for the offshore wind energy market in the USA.
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Ceva rejects CMA CGM's takeover bid
The board of Ceva Logistics recommended that shareholders reject CMA CGM’s latest USD1.67 billion offer to acquire the remaining shares of the Swiss logistics company.
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DSV makes move on Panalpina
Denmark’s DSV has made an offer to acquire Swiss rival Panalpina for approximately CHF170 (USD172) per share.
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Rhenus acquires Cesped
Rhenus Logistics has acquired Italy’s Cesped along with its related companies.
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Gordon Dadds places Ince & Co into administration
Gordon Dadds has placed Ince & Co LLP (Ince UK) into administration, the former confirming that it acquired the London-based law firm on December 31, 2018.
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Faymonville acquires Stürzer
Faymonville has purchased commercial vehicle dealer Stürzer Heavy Trucks, effective January 2, 2019.
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Crosby Group acquires Straightpoint
The Crosby Group has acquired load cell and force measurement equipment manufacturer Straightpoint.
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EMAR Offshore Services goes with Damen
The Dutch maritime services company, EMAR Offshore Services, has placed an order for a second Damen ASD Tug 2811.
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Mund+Bruns and EIMC launch alliance
Marine surveying specialists EIMC and Mund+Bruns have formed a strategic international alliance.
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Broekman acquires Benelux warehousing
Broekman Logistics has acquired VLS-Group’s warehousing activities in Belgium and the Netherlands.
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Visser steps up at Buss Eemshaven
Buss Terminal Eemshaven in the Netherlands has appointed Reindert-Jan Visser as managing director, joining Martin van den Heuvel.