All Mergers and acquisitions articles – Page 16
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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.
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NewsCeva 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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NewsDSV 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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NewsRhenus acquires Cesped
Rhenus Logistics has acquired Italy’s Cesped along with its related companies.
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NewsGordon 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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NewsFaymonville acquires Stürzer
Faymonville has purchased commercial vehicle dealer Stürzer Heavy Trucks, effective January 2, 2019.
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NewsCrosby Group acquires Straightpoint
The Crosby Group has acquired load cell and force measurement equipment manufacturer Straightpoint.