All Mergers and acquisitions articles – Page 22
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Zeaborn completes Rickmers-Linie takeover
April 6 - Rickmers-Line GmbH, a company within the Bremen-based Zeaborn Group, has completed the takeover of the business operations of Rickmers-Linie and MCC Marine as well as NPC Projects, which was originally announced on February 9 and received cleara
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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.
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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
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SEKO names Barnes
March 31 - SEKO Logistics has named Tony Barnes as chief operating officer (coo) Asia Pacific.
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MOL marks Malaysian enhancement
March 30 - Mitsui OSK Lines (MOL) has acquired a 20.9 percent share in Malaysian logistics company, PKT Logistics Group.
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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.
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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.
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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).
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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.
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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.
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AMI buys into Manica
March 6 - AMI International of Mauritius has acquired the Bidvest Group's shareholding in Manica Holdings of South Africa.
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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).
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MOL Logistics' plan to expand
February 24 - MOL Logistics has submitted an application with the Indian government to establish a subsidiary in India.
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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.
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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.
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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.
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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.
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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.
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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.
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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