All Mergers and acquisitions articles – Page 21

  • News

    Schneider goes for IPO


    April 5 - Green Bay, USA-based trucking company, Schneider National has launched an initial public offering (IPO) of 28,947,000 shares of its Class B common stock, at an anticipated IPO price between USD18 and USD20 per share.

  • News

    Wilhelmsen and Wallenius complete merger


    April 4 - The boards of Wilh. Wilhelmsen and Wilh. Wilhelmsen Holding have received all the necessary approvals to complete the merger between Wilh. Wilhelmsen and Wallenius Lines, including the jointly owned entities Wallenius Wilhelmsen Logistics, EUKOR

  • News

    SEKO names Barnes


    March 31 - SEKO Logistics has named Tony Barnes as chief operating officer (coo) Asia Pacific.

  • News

    MOL marks Malaysian enhancement


    March 30 - Mitsui OSK Lines (MOL) has acquired a 20.9 percent share in Malaysian logistics company, PKT Logistics Group.

  • News

    Vossmann tackles vortex


    March 24 - Vossmann Logistik has used a Faymonville Combimax trailer to transport a 105-tonne vortex used in the cleaning of gas to the inland Port of Meppen, Germany.

  • News

    Hapag-Lloyd and UASC move merger date


    March 17 - Hapag-Lloyd and UASC have mutually agreed to shift the date of their Business Combination Agreement (BCA) until May 31, 2017 having originally envisaged the transaction would close by March 31, 2017.

  • News

    Wood Group buys Amec Foster Wheeler


    March 15 - UK-headquartered energy services company Wood Group is set to acquire Amec Foster Wheeler - a UK-based consultancy and project management company - in an all-share takeover deal worth approximately GBP2.2 billion (USD2.7 billion).

  • News

    Ocean7 Projects merge with Ikonship


    March 13 - Effective April 1, two Danish shipping companies, Ocean7 Projects and Ikonship, will merge their activities under the Ocean7 Projects banner.

  • News

    Faymonville acquires Cometto


    March 8 - Luxembourg headquartered trailer manufacturer Faymonville has reached an agreement to purchase 100 percent of the shares in Italian trailer manufacturer Industrie Cometto.

  • News

    AMI buys into Manica


    March 6 - AMI International of Mauritius has acquired the Bidvest Group's shareholding in Manica Holdings of South Africa.

  • News

    GPA and VPA file agreement


    February 27 - The Georgia Ports Authority (GPA) and the Virginia Port Authority (VPA) have filed the East Coast Gateway Terminal Agreement with the Federal Maritime Commission (FMC).

  • News

    MOL Logistics' plan to expand


    February 24 - MOL Logistics has submitted an application with the Indian government to establish a subsidiary in India.

  • News

    Erring on the side of caution


    February 24 - Speaking at a recent Journal of Commerce webinar this week, Susan Oatway, associate director of Drewry Maritime Research, outlined some of the challenges, which still face the multipurpose and heavy lift shipping sector.

  • News

    DSV's fourth quarter high


    February 13 - DSV has reported a net revenue increase of 39.8 percent in the fourth quarter of 2016, amounting to DKK17.6 billion (USD2.5 billion), which DSV claims is largely due to the acquisition of UTi Worldwide.

  • News

    Maersk's finances fall


    February 9 - A.P. Møller-Mærsk's annual report for 2016 reveals a net loss of USD1.9 billion compared to a USD925 million profit in 2015.

  • News

    Jaromin adds another Terex


    February 9 - Auto-Krandienst Jaromin, a crane rental company based in Oberhausen, Germany, has expanded its fleet with the acquisition of a Terex Explorer 5500 all terrain crane.

  • News

    An ACE deal for OIA


    February 2 - OIA Global has acquired American Cargo Express (ACE), which it believes will help expand its North American logistics and supply chain services.

  • News

    Industry prepares for widespread consolidation


    Consolidation was the word on everybody's lips at the Breakbulk Americas 2016 exhibition held from September 26-29 in Houston, USA. Annie Roberts reports from the show.

  • News

    Rumours fuel OOCL share price rise


    January 13 - The share price of Orient Overseas International (OOIL), the parent company of shipping line Orient Overseas Container Line (OOCL), has jumped more than 25 percent since the end of 2016, reaching a 52-week high of HKD39.70 (USD5.12) on Wednes

  • News

    Done deal for Konecranes and Terex


    January 5 - Konecranes has completed the acquisition of Terex's material handling and port solutions (MHPS) business.