All Mergers and acquisitions articles – Page 39
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The Friday Flyer - April 25th 2014
This week's round up of news from the world of heavy lift and project forwarding.
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RABT reveals terms of share offering
April 23 - Having turned down a takeover bid from its largest shareholder Kistefos, troubled Swedish shipowner Rederi AB TransAtlantic (RABT) has resolved on terms for its upcoming share issue.
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Greencarrier strengthens Norwegian operations
April 23 - Greencarrier AB, which until now has operated as two separate operations in Norway, has decided to merge its freight forwarding and logistics activities into one entity.
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The Friday Flyer - April 18th 2014
This week's round up of news from the world of heavy lift and project forwarding.
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Wasa becomes DSV
April 17 - Having been acquired by DSV Air & Sea Oy three years ago, Finland's Wasa Logistics is to change its official name to DSV Air & Sea Projects Oy (DSV Projects Finland) on May 1, 2014.
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Fairmount tows Sevan Louisiana
April 14 - Fairmount Marine's Fairmount Sherpa has towed the ultra deep water rig Sevan Louisiana over 18,500 km from Singapore to Cura
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Loomis to buy VIA MAT
April 14 - Loomis AB has entered into an agreement to acquire 100 percent of the shares in Zurich-based VIA MAT Holding AG, which has an enterprise value of approximately CHF200 million (USD227.3 million)
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ENTREC lowers 2014 revenue expectations
April 14 - ENTREC Corporation has reduced its expectations regarding revenues for 2014, blaming lower levels of equipment utilisation, which it expects to continue into the second quarter of 2014. These reduced expectations primarily relate to the timing
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ALE buys ECR Group
April 9 - UK headquartered ALE Heavy Lift has acquired the majority of shares in ECR Group. The acquisition follows a successful joint venture between the two companies.
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New Brazilian office for Bellville Rodair
April 8 - OIA Global has opened a new Bellville Rodair International office in Sao Paulo.
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Saltchuk makes Tropical acquisition
April 8 - A subsidiary of Saltchuk Resources has entered into a binding purchase and sale agreement to acquire Tropical Shipping and its related transportation, consolidation and cargo insurance companies.
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Projects and contracts - April 4th 2014
Here is a round up of some key developments in the engineering, procurement and construction (EPC) sector from the past week, including a QDVC-led JV winning a large motorway construction project and Wood Group securing retrofit projects in Australia.
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Further consolidation for container shipping, says Fitch
March 31 - Fitch Ratings says that consolidation in the container shipping segment via alliances or mergers is likely to accelerate due to persistent overcapacity and freight rates pressure.
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Bishop acquires Delta
March 28 - SBP Holdings, through its wholly owned subsidiary Bishop Lifting Products, has completed the acquisition of Houston headquartered Delta Rigging & Tools.
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EPC round up - March 21, 2014
March 21 - Here is a round up of some of the most important developments in the engineering, procurement and construction (EPC) sector from the past week.
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Lagasee heads up Zeeland
March 18 - Jan Lagasee has been appointed interim ceo of NV Zeeland Seaports.
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BNSF to invest USD5 billion
March 17 - BNSF Railway Company (BNSF) has revealed a USD5 billion capital commitment plan for 2014, up USD1 billion over its 2013 capital spend.
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The Friday Flyer - March 14th 2014
This week's round up of news from the world of heavy lift and project forwarding.