All Mergers and acquisitions articles – Page 25
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Thumbs up for Konecranes
August 9 - Konecranes has received approval from the European Commission (EC) and the US Department of Justice (USDOJ) for its pending acquisition of Terex's material handling and port solutions (MHPS) business.
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Atlas posts profit drop
August 4 - Atlas Air Worldwide Holdings has recorded an income from continuing operations of USD20.9 million in the second quarter of 2016, compared with USD28.4 million for the three months ended June 30, 2015.
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Omni Specialized now in operation
July 27 - In the USA, Omni Holdings has announced that its Omni Specialized subsidiary is now in full operation after it acquired the flatbed assets of Tennant Truck Lines.
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Two up at Chi Deh
July 22 - Taiwanese crane contractor Chi Deh has added two new Liebherr LTM 1300-6.2 mobile cranes to its fleet.
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Hapag-UASC merger agreed
July 18 - Hapag-Lloyd and United Arab Shipping Company (UASC) have concluded a business combination agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals.
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Silk Way orders AN-124
July 15 - Ilyushin Finance Company (IFC) says it has signed an agreement with Silk Way Airlines, which will see the Baku, Azerbaijan based airline take delivery of an AN-124-100 freighter.
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Bravo orders ten from Lockheed
July 14 - Bravo Industries, the Brazilian logistics and defence group, has ordered ten new-generation 'Super Hercules' commercial freighters, which it plans to use to reach the country's 'underserved regions' that lack ground support and critical infrastr
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Volga-Dnepr finalises Boeing order
July 12 - Volga-Dnepr Group and Boeing have finalised terms for the acquisition of 20 B747-8 freighters, four of which have already been delivered.
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Damen on the double
July 6 - Silverburn Shipping Group has taken delivery of two Damen Stan Pontoon 8916 ICE vessels.
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Loomis sells to Rhenus
July 4 - Rhenus Alpina has acquired the general cargo business of Sweden's Loomis Group, which includes the individual operating units of Mat Transport, Bonafide Logistic, Via Mat (France) and O.Lisboa Despachos Internacionais.
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Allcargo projects head steps down
July 4 - Armin D. Kalyaniwalla has stepped down from his role as ceo of Allcargo Logistics' project logistics division after five years.
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Ti report predicts 'further consolidation'
July 1 - Transport Intelligence's (Ti) new Global Freight Forwarding 2016 report suggests that while the market is estimated to have contracted by 1.6 percent in 2015, forwarders' revenues were not hit as hard as you might think.
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Hapag board approves UASC merger
June 29 - Hapag-Lloyd's supervisory board has approved the merger of the German container line with United Arab Shipping Company (UASC).
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Buckerfield in at Virgin
June 24 - Virgin Atlantic Cargo has appointed Steve Buckerfield as vice president sales.
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Siemens and Gamesa to merge
June 21 - Siemens has signed a binding agreement to merge its wind power business with Gamesa to create what it claims will become “a leading global wind power player”.
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K+N in European reshuffle
June 21 - With effect from October 1, Kuehne + Nagel is establishing two organisational units focusing on central and eastern Europe, and western Europe respectively.
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Chipolbrok celebrates 65 years
June 14 - The Chinese-Polish Joint Stock Shipping Company (Chipolbrok), which celebrates its 65th anniversary tomorrow, says that, in spite of the "ongoing shipping crisis since 2008, the latest mergers, cooperations and startups", the company has dealt w
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Lubbers to take on Wagenborg division
June 6 - Dutch specialised transport services provider Lubbers Logistics Group intends to acquire the special road transport division of Wagenborg Nedlift, with effect from July 1.
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Lifting first for Balmer
June 6 - Balmer Spedition und LKW-Service has purchased its first mobile crane - a five-axle Liebherr LTM 1160-5.2.
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Rickmers takes on Nordana's project line
June 1 - Consolidation in the multipurpose shipping sector took a further step forward today with the news that Rickmers-Linie is set to take over Nordana Project & Chartering.