All Mergers and acquisitions articles – Page 16
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NewsPanalpina 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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NewsFred. 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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NewsMacGregor'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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NewsRhenus snaps up South African forwarder
Rhenus Group has acquired South African freight forwarding and logistics specialist, World Net Logistics (WNL).
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NewsNoatum 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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NewsRhenus snaps up Rodair Group
Rhenus Group has acquired Canadia-based logistics solutions provider Rodair.
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NewsCMA 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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NewsHamilton 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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NewsBrookfield takes Oaktree stake
Brookfield Asset Management has acquired a 62 percent stake in Oaktree Capital Management.
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NewsBolloré 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.
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NewsISS Global Forwarding acquires Titan
ISS Global Forwarding Italy has acquired Titan Project & Logistic, effective March 1, 2019.
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NewsBoskalis 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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NewsC.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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NewsTerex 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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NewsGTI 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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NewsSeafox 5 turns Blue
Fred. Olsen Windcarrier has renamed the jack-up vessel Seafox 5 to Blue Tern.
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NewsBDO completes Moore Stephens merger
International accountant and shipping adviser Moore Stephens has completed its partial merger with advisory BDO.
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NewsPanalpina 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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NewsBKL 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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NewsKongstein 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.