All Mergers and acquisitions articles – Page 28
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SafmarineMPV down to one trade
February 8 - Following the recent sale of its South Africa - West Africa multipurpose service to Cape Town based Fairseas International and the withdrawal of the line from the West Africa - US Gulf trade in early January 2016, multipurpose operator Safmar
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Konecranes to scale back
February 5 - Konecranes intends to initiate actions aimed at annual cost savings of EUR25 million (USD27.9 million) by the end of 2017.
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MIQ strengthens Latin presence
February 3 - MIQ Logistics has purchased assets in Miami, Florida based Alfa Logistics and Colombia's Kronos Logistics.
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Dacotrans in Key merger
February 3 - Dacotrans Sweden has merged with GH Transport and Key Logistics to form a medium-sized freight forwarding and logistics outfit.
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Pacific Forum in Polynesian merger
January 29 - Polynesian Shipping Line (PSL), which is owned by Neptune Pacific Line, has concluded an agreement to merge with Pacific Forum Line (PFL) with effect from January 31, 2016.
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Terex gets another offer
January 27 - Terex Corporation has received an unsolicited, non-binding acquisition proposal from Zoomlion Heavy Industry Science and Technology to acquire all of its outstanding shares, in what seems like an attempt to override the existing deal between
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DSV completes UTi acquisition
January 22 - DSV's acquisition of UTi Worldwide has now been completed with the approval of UTi shareholders and competition authorities.
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Atlas Air inks Southern deal
January 20 - Atlas Air Worldwide Holdings has entered into a definitive agreement to acquire the privately-held intercontinental and domestic air cargo services provider Southern Air Holdings in a USD110 million deal.
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UTi-DSV merger edges closer
January 15 - UTi Worldwide's shareholders have overwhelmingly voted to adopt the previously announced merger agreement for the acquisition of the company by Danish transport and logistics outfit DSV.
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ABL in Dissaco takeover
January 11 - ABL has acquired the Antwerp based freight forwarding company Dissaco.
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RHI takes Haisheng stake
January 8 - Jiangsu Rainbow Heavy Industry (RHI) has revealed plans to acquire a 34.99 percent share in Hunan Haisheng Heavy Industry from two separate shareholders.
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Danbor extends wind portfolio
January 8 - NorSea Group subsidiary Danbor has established a Wind Centre of Excellence, which will be headed up by newly-appointed managing director Morten Basse.
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McClellan up at Crowley
January 6 - Kerri McClellan has been promoted to vice president and deputy general counsel for Crowley Maritime Corporation.
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Peel Ports in at Great Yarmouth
December 16 - Peel Ports Group has completed the acquisition of Great Yarmouth Port Company Limited (GYPC) from International Port Holdings for an undisclosed sum.
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Chinese tie-up approved
December 11 - A statement on China's State Council website suggests that the merger between China Ocean Shipping Group (Cosco) and China Shipping Group (CSCL) has been approved.
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Specialist buy for Ainscough
December 11 - UK based Ainscough Crane Hire has acquired Specialist Crane Hire.
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Imperial makes Speedway buy
December 9 - Imperial Crane Services has acquired Speedway Crane, which it says will help accelerate its expansion into the Joliet region of Illinois, USA.
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Metro Ports seeks US Gulf growth
December 1 - Brent Mahana has been named Metro Ports vice president - business development, with a special emphasis on growth in the US Gulf region.
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ALC in Cargo Service buy
November 27 - Aarhus Logistics Centre (ALC) has signed an agreement to take over the activities of Cargo Service at the Danish Port of Aarhus.