All Mergers and acquisitions articles – Page 17
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NewsHiab completes Effer acquisition
Hiab, has acquired knuckle-boom crane manufacturer Effer from CTE Group for an enterprise value of EUR50 million (USD57.1 million).
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NewsYilport invests in Puerto Quetzal
Yilport has signed a contract with Puerto Quetzal, Guatemala that will see the Turkish operator take a 55 percent share in the port and handle the multipurpose quay operations.
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NewsMacGregor moves forward with TTS acquisition
MacGregor has received clearance from the German competition authorities regarding the company’s acquisition of the marine and offshore business units of TTS Group.
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NewsCEVA and CMA CGM deepen partnership
CEVA Logistics plans to broaden its partnership with CMA CGM through the acquisition of the latter’s freight management business and the provision of an exit option for CEVA shareholders.
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NewsDSV withdraws revised CEVA offer
DSV has withdrawn its revised offer to acquire CEVA Logistics for CHF30 (USD30.06) per share.
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NewsHarren & Partner sells CFS
Spain’s Pérez y Cía is set to acquire CFS Caribbean Feeder Services from German shipping company Harren & Partner.
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NewsDSV confirms offer to CEVA Logistics was rejected
Denmark’s fast-growing logistics group DSV has issued an official statement confirming that its recent offer to takeover CEVA Logistics was rejected by the CEVA board.
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NewsVan Oord secures MPI Offshore acquisition
Van Oord has completed the acquisition of MPI Offshore, a specialist offshore wind installation contractor, from Vroon Group.
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NewsArcus sells Forth Ports stake
Arcus European Infrastructure Fund is set to sell its shares in Forth Ports, one of the UK’s largest port groups, to the Public Sector Pension Investment Board (PSP Investments).
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NewsAMP joins forces with Fenwick
Asia Maritime Pacific (AMP) and Fenwick Shipping Services have merged their operations.
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NewsEntrec closes Capstan deal
Entrec has completed the acquisition of Capstan Hauling, a heavy haul transportation provider that serves the oil and natural gas industry in northwest Alberta and northeast British Columbia.
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NewsTGP acquires Natco Germany
UK-based Trans Global Projects (TGP) has acquired Germany’s Natco GmbH, effective October 1, 2018.
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NewsMukran inks Blue Water BREB deal
German port service provider Mukran Port Terminals and Blue Water BREB have signed a partnership agreement that will see the latter become a shareholder of the Sassnitz-based company.
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NewsExpress Mondor continues expansion
Canada’s Express Mondor has completed the acquisition of Transport L’Épiphanie and integrated the entire team and assets into the Express Mondor Group.
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NewsMOL increases PKT stake
Mitsui O.S.K Lines (MOL) has completed the acquisition of 14.27 percent of the shares in Malaysia’s PKT Logistics Group.
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NewsEntrec eyes Capstan acquisition
Entrec has signed a letter of intent to acquire Alberta, Canada-based Capstan Hauling.
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NewsUniversal acquires Southern Counties
Universal Logistics Holdings, a provider of customised transportation and logistics solutions, has acquired Southern Counties Express.
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NewsRhenus buys C. Spaarmann Logistics
Rhenus Group has agreed to purchase all the shares in German freight forwarder C. Spaarmann Logistics.
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NewsCosco completes OOCL takeover
Cosco Shipping has completed the acquisition of Orient Overseas International Ltd (OOIL) and its subsidiary Orient Overseas Container Line (OOCL).