All Mergers and acquisitions articles – Page 20
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GeoSea completes A2SEA purchase
September 4 - GeoSea has completed the acquisition of A2SEA, following approval of the international competition authorities.
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Bolloré makes the news
September 1 - Bolloré Logistics has acquired Someport-Walon, an international freight forwarding company which specialises in the movement of industrial projects.
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Erickson appoints Kitani
September 1 - Global aviation services company, Erickson Incorporated, has appointed Doug Kitani as ceo and director, effective August 31, 2017.
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DB Schenker expands in New Zealand
August 31 - DB Schenker will expand its presence in New Zealand with the acquisition of SB Global Logistics.
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Samskip gets green light
August 30 - The Norwegian competition authority has approved Samskip's acquisition of Nor Lines.
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High summer for forwarders
August 23 - The summer has seen a slew of positive results for several multinational freight and logistics groups but the high pressure on margins remains a serious challenge.
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deugro rolls out Indonesian expansion
August 11 - deugro, the deugro Group's international project forwarding business unit, has acquired all of Rolitrans International's and Rolitrans Indonesia's heavy haul assets.
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WWL ALS opens in Norway
August 7 - Wallenius Wilhelmsen Logistics Abnormal Load Service (WWL ALS) is expanding into the Scandinavian market and will take over the Wilhelmsen Ships Services Nordic (WSS Nordic) offices in Bergen, Norway.
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Bishop Lifting takes Matex Wire Rope
August 3 - SBP Holdings, through its wholly owned subsidiary Bishop Lifting Products, has acquired Kilgore, USA-based, Matex Wire Rope.
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HLI on track with acquisition
August 3 - HLI Rail & Rigging has acquired a new 20-axle railcar, which is currently under construction and expected to be ready for service early in 2018.
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Container profitability on the horizon
July 27 - Container lines could see a 12-month cumulative profit of up to USD5 billion this year, as the "super-cycle" of carrier consolidation has changed the playing field and left shippers with less choice, says Drewry.
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Subsea 7 sees market improvement
July 27 - Subsea 7's renewables and heavy lifting business unit saw increased offshore activity in the second quarter of 2017, following its acquisition of Seaway Heavy Lifting.
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Harren & Partner strikes SAL deal
July 26 - Ten years after it first took a stake in the shipping company, and six years after it took complete control, Japan-based Kawasaki Kisen Kaisa ("K" Line) has sold SAL Heavy Lift to the Bremen, Germany-based shipping group Harren & Partner.
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Samskip eyes up Nor Lines
July 25 - Samskip will acquire the activities of Nor Lines, part of the DSD Group, subject to the approval of Norway's competition authorities.
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Fagioli to get equity boost
July 24 - QuattroR, a management company specialising in corporate restructuring, is in advanced talks to acquire an initial 49 percent of Italy's Fagioli group.
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Tidewater gets court approval
July 17 - The United States Bankruptcy Court for the District of Delaware has confirmed the Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization for Tidewater, the US provider of larger offshore service vessels to the global energy industry,
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Japanese provide ONE details
July 14 - Even though some jurisdictions have yet to approve the merger, Japan's three large container lines have set out details of their new Ocean Network Express (ONE) organisation.
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Daseke adds Steelman companies
July 7 - Texas, USA-based Daseke has added the Steelman Companies to the Daseke group of companies.
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CraneWorks goes Demag for five-axle
June 26 - Terex Cranes distributor CraneWorks has taken delivery of a Demag AC 220-5, which Terex claims is one of the first Demag five-axle all terrain cranes in the USA.
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Necotrans on the brink?
June 26 - France-based freight forwarding and logistics group Necotrans is remaining tight-lipped on recent reports in the French media that it is about to be placed under judicial protection by the commercial court in Paris.