All Mergers and acquisitions articles – Page 19
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NewsScan Global Logistics expands in Australia
Effective July 2, 2018, Scan Global Logistics Australia acquired the Australia-based freight forwarder Kestrel Freight & Customs, writes Erin Bossick.
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NewsCosco gets the green light for OOCL acquisition
Cosco Shipping’s acquisition of Orient Overseas Container Lines (OOCL) has received approval from Chinese anti-trust authorities.
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NewsDaseke snaps up Aveda Transportation
Texas-based flatbed and specialised haulage company, Daseke, has completed the acquisition of Aveda Transportation and Energy Services.
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NewsLBH and Rhenus target waterway market
Port services provider LBH Group is planning to form a joint venture with logistics service provider Rhenus in the European inland waterway shipping sector.
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NewsFracht takes over Polytra
Effective July 1, 2018, the Switzerland-based Fracht group has acquired the Belgium-based forwarding company Polytra.
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NewsAdani takes Kattupalli stake
Adani Ports and Special Economic Zone (APSEZ) has acquired 97 percent of the shares of Marine Infrastructure Developer Private Limited (MIDPL), the developer and operator of Kattupalli port in India.
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NewsFairplay relocates in Germany
Fairplay Towage has moved its corporate headquarters following last year’s acquisition of Bugsier Reederei.
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NewsBarnhart lines up Strate acquisition
Barnhart Crane and Rigging is set to acquire Idaho-based crane service provider Strate Line Crane and Rigging.
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NewsGlobalTranz goes to Jordan
USA-based freight broker GlobalTranz Enterprises has been sold to private equity firm The Jordan Company.
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NewsKerry Logistics expands project logistics capabilities
Kerry Logistics has acquired a majority stake in Saga Italia, strengthening its service portfolio and project logistics capabilities.
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NewsSarens plucks Makzume in Turkey
Sarens has formed a joint venture with LAM - Lyonel A. Makzume Shipping Agencies (Makzume) to expand its operations in Turkey and neighbouring countries.
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NewsKerry Logistics expands in South Africa
Kerry Logistics has acquired Johannesburg-based freight forwarding and logistics company, Shipping and Airfreight Services (SAS).
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NewsIntermarine and Zeaborn form Zeamarine
With Breakbulk Europe set to open in a few hours, Maritime Holdings Delaware, parent company of Intermarine, and Zeaborn Group have surprised the heavy lift and multipurpose shipping sector with the formation of a joint venture entity - Zeamarine.
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NewsWestern acquires Squamish Terminals
Western Stevedoring has acquired Squamish Terminals from Norway's Grieg Star.
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NewsATS inks TOTE partnership
ATS International, a division of Anderson Trucking Service (ATS), has entered into a strategic partnership with TOTE Maritime Puerto Rico for the provision of its equipment for shipping non-containerised cargo.
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NewsSparrows flies into Indonesian deal
Sparrows Group has appointed heavy lift equipment supplier Superkrane as its agent in Indonesia.
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NewsGoldhofer boosts representation in Spain and Portugal
Goldhofer has appointed Mycsa Mulder y Co as its exclusive sales and service partner for Spain and Portugal.
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NewsOcean7 opens Bangkok office
Ocean7 Projects has established an office in Bangkok, Thailand, in a joint venture with WeShip Projects.
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NewsRWG goes for Gold in Vietnamese merger
Red Wolf Global (RWG) has merged its Vietnamese operations with Gold Line Company, a non-asset based international logistics firm based in Ho Chi Minh City.
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NewsWatco takes control of Industrial Terminals
Watco Companies has acquired the leasehold ownership of Industrial Terminals from Industrial Maritime Carriers (IMC) and Intermarine.