All Mergers and acquisitions articles – Page 3
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NewsCK Hutchison to sell majority of port holdings to Blackrock-TiL
Hong Kong-based CK Hutchison has agreed to sell the majority of its port holdings to the Blackrock-TiL consortium in a deal valued at USD22.8 billion.
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NewsEMO Trans acquires ASF
EMO Trans has acquired its long-standing agent and partner in Romania, ASF.
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NewsFLS Group acquires major stake in LogiProject
FLS Group has acquired a majority stake in Italian logistics company LogiProject, which has been rebranded at FLS Italy.
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NewsFLS Group and AC Logistics join forces
FLS Group has entered into a strategic partnership with Philippines’ specialist AC Logistics, a subsidiary of the Ayala Corporation.
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NewsCargotec confirms sale of MacGregor
Cargotec will sell its MacGregor business unit to funds managed by Triton for an enterprise value of EUR480 million (USD506.7 million)
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NewsDSV to acquire DB Schenker
DSV has been successful in its bid for German freight forwarder DB Schenker
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NewsBinding bids placed for DB Schenker
DSV and a private equity consortium led by CVC have reportedly put in binding bids of around EUR14 billion (USD15.6 billion) for DB Schenker.
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NewsBarnhart snaps up Mountain States Crane
Barnhart Crane and Rigging has purchased Mountain States Crane of Albuquerque, New Mexico.
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NewsDP World Evyap established in Türkiye
DP World Yarımca Port and Evyap Group’s Evyapport have formed a new combined operation, DP World Evyap, in a bid to to boost trade through the Turkish gateways.
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NewsUniatlantico takes majority stake in maritime arm of EMS-Fehn-Group
Uniatlantico has acquired a majority stake in EMS Chartering, Fehn Ship Management, and Northwest Competence.
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NewsMaersk Offshore Wind launched as supply service division sold
Denmark’s Maersk has established an offshore wind energy division on the heels of its proposed sale of Maersk Supply Service to compatriot DOF Group.
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NewsMilitzer & Münch forms Mongolian joint venture
Militzer & Münch has established an entity in Mongolia that will provide road transport, air and sea freight, and project logistics services.
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NewsFr. Meyer‘s Sohn takes majority stake in Breeze (Germany)
Hamburg-based logistics company Fr. Meyer‘s Sohn has acquired the majority of shares in the project logistics company Breeze (Germany).
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NewsMOL takes stake in Alistair Group
Japan’s Mitsui O.S.K. Lines (MOL) has agreed to purchase a 25 percent stake in Tanzania-based Alistair Group, a cross-border logistics company which operates in sub-Saharan Africa.
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NewsGAC to acquire Quadrant Pacific’s ship agency business
Shipping and logistics provider GAC Group has agreed to acquire Quadrant Pacific’s agency business.
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NewsBarnhart Crane and Rigging acquires Canada’s NCSG
USA-based Barnhart Crane and Rigging has made its first international acquisition, having purchased NCSG of Acheson, Alberta, Canada.
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NewsAprojects acquires India’s Super Freight
Antwerp, Belgium-headquartered Aprojects has acquired Indian logistics company Super Freight in a bid to tap into the flourishing market.
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NewsFLS Group takes stake in Vectura, opens in Denmark
FLS Group has acquired a stake in Vectura Resource and subsequently opened an office in Denmark.
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NewsDufour expands with Boutique deal
Belgium-headquartered lifting, transportation, construction and engineering services provider Dufour Group has acquired compatriot heavy lift and transport company Jean Boutique.
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NewsBishop Lifting acquires Oceanside Equipment
USA-based under-the-jib equipment specialist Bishop Lifting has acquired Canada-based wholesale distributor of rigging and mooring products, Oceanside Equipment.