All Mergers and acquisitions articles – Page 2
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NewsPort of Antwerp-Bruges emerges
The ports of Antwerp and Zeebrugge have officially merged and will start operating as port of Antwerp-Bruges.
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CMA CGM snaps up GEFCO
CMA CGM has acquired 100 percent of the shares in automotive logistics business GEFCO, which was until recently 75 percent-owned by Russian Railways RZD and 25 percent by car company Stellantis.
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Maersk launches air cargo business
HLPFI’s sister title Air Cargo News said that AP Moller Maersk has launched its new air cargo business as it looks to meet customer demand for supply chain security.
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MSC to buy Bolloré Africa Logistics
MSC Group has entered a share purchase agreement with Bolloré for the acquisition of 100 percent of Bolloré Africa Logistics, including all the group’s shipping, logistics and terminal operations in Africa as well as its terminal operations in India, Haiti and Timor-Leste.
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Major acquisitions on the horizon for J M Baxi
J M Baxi Group has signed an agreement to acquire Allcargo Logistics’ project forwarding and logistics business and provided a binding offer to acquire Lift & Shift India’s heavy and over-dimensional cargo logistics business.
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Clyde & Co and BLM agree merger
Law firms Clyde & Co and BLM have agreed to merge following a vote in favour by partners at both firms.
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Wallenius Wilhelmsen acquires ALS
Wallenius Wilhelmsen has taken over the remaining shares in UK-based ALS.
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VertomCory comes to life
Cory Brothers Shipping Agency and Vertom Agencies have completed their merger to become VertomCory.
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Blue Water bolsters Guyana operation
Blue Water Shipping has acquired Guyana-based Falcon Logistics.
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Forth Ports acquires OMHL
UK-based Forth Ports has acquired OM Heavy Lift (OMHL) as it bids to expand its offshore renewable energy handling capabilities across its gateways.
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JAS completes Greencarrier aqcuisition
USA-headquartered JAS Worldwide has completed the acquisition of Greencarrier Freight Services International – the freight forwarding, logistics and supply chain management division of Greencarrier Group.
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3S Transport snapped up by Gebrüder Weiss
Gebrüder Weiss is taking over Istanbul-based 3S Transport & Logistics, effective January 1, 2022.
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Dellner buys Hydratech
Dellner Bubenzer has acquired Hydratech Industries – a Denmark-based supplier of high-end hydraulic systems, cylinders and accumulators for wind, offshore, marine and other industry applications.
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Denholm acquires John Good Logistics
Two of the UK’s longest-standing logistics businesses have come together with J. & J. Denholm (Denholm Group) having acquired Good Logistics.
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Laso expands in France
Laso Transportes has boosted its French footing with the acquisition of St. Étienne-headquartered STDR-TEDL.
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Rhenus in Log Adria takeover
Rhenus Group is taking over the Croatian logistics company Log Adria as it aims to boost its services in the Balkans region via the ports of Rijeka and Ploče.
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Manitowoc to acquire H&E
Manitowoc has entered into an agreement to acquire the crane business of USA-based equipment rental company H&E Equipment Services.
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PSA Breakbulk and Felbermayr team up
PSA Breakbulk and Felbermayr will jointly operate the 15-ha site beside Churchill Dock South at the port of Antwerp.
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Enstructure acquires Patriot Ports
USA-based terminal and logistics company Enstructure has agreed to acquire Patriot Ports.
