All Mergers and acquisitions articles – Page 21
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NewsLogistec expands with Gulf Stream Marine
Canada-based Logistec has expanded its network of terminals with the acquisition of Gulf Stream Marine, a cargo handling and stevedoring specialist in the US Gulf Coast region.
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HSH Nordbank privatised
Germany's state-owned HSH Nordbank has been acquired by a consortium of private equity firms in a deal with an estimated value of approximately EUR1 billion (USD1.2 billion).
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Buyers found for HSH Nordbank
The Wall Street Journal (WSJ) has reported that US private equity firms J.C. Flowers & Co and Cerberus Capital Management have agreed to buy German lender HSH Nordbank for up to EUR1 billion (USD1.2 billion).
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NewsM&A activity on the table for DSV
After the successful integration of UTi Worldwide, DSV says consolidation and merger and acquisitions (M&A) remain on its agenda for 2018.
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NewsRollDock and SAL form dock vessel pool
Effective April 1, 2018, RollDock and SAL Heavy Lift will establish a shipping pool for dock vessels.
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NewsMacGregor in TTS deal
MacGregor, part of Cargotec, has entered into an agreement to acquire the marine and offshore business activities of TTS Group, a global provider of cargo handling equipment, for EUR87 million (USD106 million).
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NewsAAL and HMM link up
AAL and Hyundai Merchant Marine (HMM) are set to launch a joint Far East - Middle East multipurpose liner service.
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NewsZeaborn gobbles up E.R. Schiffahrt
Consolidation in the German ship management sector is gaining momentum with Bremen-based Zeaborn Group acquiring 100 percent of the shares in ship management company E.R. Schiffahrt for an undisclosed amount.
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NewsBoluda expands in Europe
Boluda Lines, part of Boluda Corporación Marítima, has expanded its ro-ro and project cargo logistics services in northern Europe through strategic alliances with maritime companies operating in France, Belgium, the Netherlands, Germany and the UK.
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NewsAlmajdouie expands presence
Almajdouie Logistics has signed an agreement with Sinotrans, outlining expansion plans for its joint venture partnerships in the Middle East.
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NewsMammoet strengthens in Spain
Mammoet has entered into partnerships with Spanish heavy transport specialists Arbegui and Transmodal, with the aim of strengthening its presence in the Spanish market.
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NewsFalcon and Tiger form hybrid
Falcon Maritime India, a subsidiary of New York-based Falcon Maritime and Aviation, has merged its operations with Tiger Logistics India.
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NewsMalin Integrated Solutions launches
Scotland's Malin Group has formed a joint venture with Marint (Offshore Services) and Dixon Marine Consulting (DMC).
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NewsAertssen plans Michielsens take over
Aertssen Group is set to acquire crane rental company Michielsens.
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NewsDFDS completes Alphatrans deal
DFDS has completed the acquisition of 100 percent of the shares of the Dutch Alphatrans Group, following the approval by the German competition authority.
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NewsYang Kee completes Fliway acquisition
Yang Kee Logistics has completed the acquisition of 100 percent of the shares in New Zealand's Fliway Group for SGD52.1 million (USD39.2 million).
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Freja acquires Transcargo
December 27 - Freja Transport & Logistics has signed an agreement for the acquisition of transport company Transcargo.
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Hutchison takes TMA stake
December 22 - Hutchison Ports has acquired a 50 percent shareholding in TMA Logistics.
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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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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.