All Mergers and acquisitions articles – Page 27
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Bilbao ups project cargo focus
March 31 - According to Uniport Bilbao, SDW Shipping has begun a new monthly service linking the Spanish port with Colombia, Ecuador, Peru, Chile and Bolivia.
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Zoomlion ups Terex offer
March 24 - Terex Corporation has received a revised non-binding proposal from Zoomlion Heavy Industry Science and Technology to acquire all of the company's outstanding shares for USD31 per share.
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Hapag-Lloyd results on track
March 23 - Hapag-Lloyd achieved a net profit of EUR114 million (USD127 million) in the 2015 financial year, compared with EUR -604 million (USD -674 million) in 2014.
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Rhenus in German takeover
March 23 - The Rhenus Group has expanded its capacity in the German state of North Rhine-Westphalia through the acquisition of Allgemeine Land und Seespedition (ALS).
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NileDutch buys out SafmarineMPV
March 16 - NileDutch has acquired SafmarineMPV's Europe to West Africa services and operations.
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CP boss faces battle
March 11 - Canadian Pacific Railway ceo Hunter Harrison is facing an uphill battle to convince CSX - not just Norfolk Southern - of the merits of a merger.
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Cannavo up at Flensborg
March 7 - With immediate effect, Rob Cannavo has taken over representation of Flensborg and Associates in South Africa.
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Tilbury set for expansion
March 4 - Forth Ports has entered into an agreement to purchase 152 acres (61.5 ha) of land, including a deepwater jetty, to the east of the UK's Port of Tilbury.
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Hapag-Lloyd targets heavy cargoes
March 3 - As part of an increased focus on obtaining heavy and over-dimensional cargoes for its container ships, Hapag-Lloyd has established special cargo teams for the major markets in Asia and the Americas, in addition to its special cargo division at i
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Broekman acquires DMI
March 3 - Broekman Logistics has acquired Distribution Masters International (DMI).
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SCH ups lifting capacity
March 1 - Southampton Cargo Handling (SCH) has expanded its fleet of project cargo handling equipment with the acquisition of a 72-tonne capacity modular spreader beam from Tilbury, UK based supplier Delphini.
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Ningxia adds new ATC
February 26 - Ningxia Wang Thai Engineering Machinery has strengthened its longstanding relationship with crane manufacturer Manitowoc by acquiring a new 300-tonne lifting capacity Grove GMK600L all terrain crane (ATC).
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Goffin takes Great Yarmouth reins
February 23 - Following the acquisition of Great Yarmouth Port Company (GYPC) last year, Peel Ports has named Richard Goffin port director at the UK gateway.
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Challenging market harms Terex
February 23 - Terex has recorded an income from continuing operations of USD142.5 million in 2015, compared with USD259 million in 2014.
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Kobelco merger to go ahead
February 23 - Kobe Steel will merge the businesses of Kobelco Construction Machinery and Kobelco Cranes together with effect from April 1, 2016.
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Terex Konecranes merger on hold
February 22 - In a stock exchange statement, Terex Corporation has said that "it would be prudent to pause the integration planning activities for its merger with Konecranes for the time being".
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'Great year' for Atlas Air
February 19 - Atlas Air Worldwide Holdings posted an adjusted net income of USD125.3 million for the 12 months ended December 31, 2015, compared with USD93.4 million in 2014.
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Ritchie Bros acquires Mascus
February 19 - Industrial auctioneer Ritchie Bros has acquired online equipment listing service Mascus International Holding.
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Jantzie up at C.H. Robinson
February 17 - C.H. Robinson has promoted Bruce Jantzie to vice president of global forwarding, project logistics.
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2015 a 'good year' for DSV
February 10 - DSV record a net revenue of DKK12.6 billion (USD1.89 billion) in the fourth quarter of 2015, a slight increase compared with the DKK12.53 billion (USD1.88 billion) recorded in the fourth quarter of the previous year.