All Mergers and acquisitions articles – Page 3
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NewsDSV’s deal for DB Schenker cleared
DSV said in a press release issued April 15 that it had fulfilled all closing conditions for its acquisition of Germany’s DB Schenker.
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NewsDenholm unifies logistics arms under single brand
Denholm UK Logistics and Denholm Good Logistics will come together under a single trading brand.
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NewsOIA Global acquires JF Moran
Portland, USA-based OIA Global has acquired compatriot Customs brokerage and freight forwarding firm JF Moran.
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NewsKonecranes takes order for pair of ESP.9 MHCs from BMF and expands in Spain
Bulgaria’s BMF Port Burgas (BMF) has ordered two Generation 6 Konecranes Gottwald ESP.9 mobile harbour cranes (MHCs), which will enhance the port’s project cargo handling capabilities. Meanwhile, Konecranes has acquired PIMEG, a crane sales and services company in Spain.
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NewsBarnhart bolsters footprint in Southwest USA
Barnhart Crane and Rigging has acquired the assets and operations of two branches belonging to Crane Service, which is owned by ML Holdings, in Texas and New Mexico.
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NewsNTG acquires EDS and Rolls Freight
NTG Ebrex UK, a subsidiary of Nordic Transport Group (NTG), has signed an agreement to acquire 100 percent of the shares in EDS Worldwide and Rolls Freight, both based in the UK.
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NewsHendrik Veder Group and DSF sign merger
Hendrik Veder Group, a supplier of steel wire rope and synthetic rope products, and Dutch Steel Fabricators (DSF) have signed a merger following several years of collaboration.
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NewsNTG snaps up DTK
Nordic Transport Group (NTG) has acquired 100 percent of the shares in Denmark-headquartered DTK.
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NewsQ3 Group and Autokrane Schares establish SQ3
Q3 Group, based in the Netherlands, and Germany-based Autokrane Schares have come together to establish a joint venture called SQ3 Group.
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NewsLauritzen Bulkers acquires Alexander & Blake
Denmark-based Lauritzen Bulkers has acquired Canadian breakbulk and parcel shipping company, Alexander & Blake.
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NewsEllevo-Q launched in Qatar
Ellevo Group signed an exclusive, long-term joint venture partnership with Petrofac Qatar (PETRO-Q).
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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.