All Mergers and acquisitions articles – Page 20
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Rickmers appoints Merchant Shipping
December 20 - Rickmers-Line, part of the Zeaborn Group, has appointed Merchant Shipping Services in Mumbai as its agent in India, effective January 1, 2018.
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Mayfair sells stake in DNV GL
December 18 - Norway's Stiftelsen Det Norske Veritas has assumed full ownership of quality assurance and risk management company DNV GL, following the acquisition of Germany-based Mayfair's remaining shares in the company.
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LaRue to step down at Corpus Christi
December 18 - The Port of Corpus Christi's executive director, John LaRue, will step down from his duties on January 1, 2018 and officially retire from the port in June 2019.
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Ghent and Zeeland set to merge
December 15 - January 1, 2018 will see the commencement of North Sea Port, the entity that has been created by the merger between the port authorities of Zeeland Seaports in the Netherlands and the Port of Ghent in Belgium.
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Silvasti strengthens with Frank Nørager
December 13 - Finland-based heavy transport and project logistics provider, Ville Silvasti, has acquired Frank Nørager & Co.
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MACS parent acquires Hugo Stinnes
December 8 - Vineta, the holding company of Hamburg-based multipurpose shipping line MACS, has acquired 100 percent of the shares of Rostock-based Hugo Stinnes Schiffahrt.
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Keen Transport sold
December 7 - Wallenius Wilhelmsen Logistics ASA (WWL ASA) has signed an agreement to acquire 100 percent of the shares in USA-based Keen Transport.
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QuattroR completes Fagioli investment
December 5 - QuattroR, the private equity fund that invests in mid-sized and large Italian companies, has completed its initial investment in Fagioli.
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Maersk gets the green light
December 1 - Maersk Line has obtained the final regulatory approval for the acquisition of German shipping line Hamburg Süd.
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UASC fully integrated into the Hapag-Lloyd Group
November 30 - Hapag-Lloyd has completed the integration of United Arab Shipping Company (UASC) into the group, six months after starting the merger process.
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OL adds US office
November 17 - OL International Holdings has acquired the US office of Transitainer Global, based in Long Beach, California.
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Rhenus expands with RBG
November 14 - Mierka Beteiligungs (MBG), port operator at the Danube Port of Krems, has changed its name to Rhenus Beteiligungs (RBG).
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DFDS acquires Alphatrans
November 14 - Shipping and logistics group DFDS will acquire all the shares in the Dutch logistics company Alphatrans Group.
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Logwin buys into SCI
November 2 - Logistics company Logwin has taken a one-third stake in the Auckland, New Zealand-based freight forwarder Supply Chain International (SCI).
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Yusen board agrees to NYK takeover
November 2 - Shipping line Nippon Yusen Kaisha (NYK) is set to take over its third-party logistics affiliate, Yusen Logistics.
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Yang Kee expands with Fliway
October 26 - Singapore-based Yang Kee Logistics has entered into a scheme implementation agreement (SIA) to acquire 100 percent of the shares New Zealand-based Fliway Group for SGD52.1 million (USD38.2 million).
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Camp fires up at Sims
October 23 - Florida, USA-based Sims Crane & Equipment has appointed Ryan Camp as vice president - corporate services, responsible for the company's sourcing, procurement and supplier relations as well as fleet asset management and business development.
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Birsterminal ticks the box
October 23 - Effective November 7, 2017, Martin Ticks will take on the role of ceo of Birsfelden, Switzerland-based Birsterminal.
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Hapag-Lloyd adds capital
October 18 - Hapag-Lloyd has successfully completed an increase to its capital base as most of its shareholders exercised their subscription rights granted after the completion of the merger with United Arab Shipping Company (UASC) and purchased 11.7 mill
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Rickmers and RZ get certified
October 16 - RZ Carrier and Rickmers-Line, both companies within the Zeaborn Group, have successfully undergone the certification process for their integrated management system for quality, health and safety, and environment (QHSE) according to the latest