All Mergers and acquisitions articles – Page 5
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News25 companies interested in DB Schenker acquisition
Up to 25 companies are reportedly interested in acquiring DB Schenker, according to HLPFI sister title DVZ. Deutsche Bahn officially launched the sale of its freight forwarding subsidiary in late 2022.
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NewsKing Ocean acquires Seacor Island Lines
USA-based King Ocean Services has acquired the Seacor Holdings’ Caribbean liner and logistics business – Seacor Island Lines.
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NewsBarnhart acquires Baxter Crane and Rigging
USA-headquartered Barnhart Crane and Rigging has purchased Tupelo, Mississippi-based Baxter Crane and Rigging – its second acquisition of 2024.
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NewsUHT and Dongbang join forces to share heavy lift and deck carrier expertise
United Heavy Transport (UHT) has entered into a strategic alliance with Dongbang Transport Logistics, combining the former’s heavy lift expertise with the latter’s experience in open deck carrier operations.
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NewsBarnhart continues its acquisition spree
USA-headquartered Barnhart Crane and Rigging has acquired South Carolina-based White Crane, which will become the company’s second branch in the state and marks its fourth acquisition in the past eight months.
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NewsTiong Woon and Mammoet Asia form strategic alliance with Thai market focus
Singapore-headquartered Tiong Woon has formed a strategic alliance with Mammoet Asia Holding as the companies aim to expand their presence in Thailand.
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NewsEgytrans targets Saudi Arabian projects market with Links Investment deal
Egyptian logistics and transport provider Egytrans and Saudi-based investment firm Links Investment will establish a limited liability company in Saudi Arabia.
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NewsCF&S Group acquires DAKO Worldwide Transport
CF&S Group, through its subsidiary CF&S Germany, has acquired 100 percent of the shares of project logistics specialist DAKO Worldwide Transport.
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NewsHemisphere Freight to acquire Magnus Group divisions
UK-based Hemisphere Freight Services is set to purchase the warehousing and freight forwarding divisions of Magnus Group, as well as all associated operational staff.
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NewsAIT Worldwide to acquire Lubbers Logistics
AIT Worldwide Logistics has entered into a binding agreement to acquire Lubbers Logistics Group, a European logistics company specialising in high-value, complex, and time-sensitive transport services.
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NewsBarnhart acquires Armstrong Crane and Rigging
USA-based Barnhart Crane and Rigging has made its third acquisition of the year having agreed to buy Armstrong Crane and Rigging, including its operated crane rental service and all associated personnel and equipment.
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NewsGCL on the acquisition trail in APAC
Global Critical Logistics (GCL) has acquired two New Zealand forwarders – Auckland-based Time Frame Logistics and Wellington-based Xtreme Forwarding – as part of ongoing expansion plans in the Asia-Pacific (APAC) region.
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NewsSGL acquires ENK Logistics
Freight forwarder Scan Global Logistics (SGL) has acquired long-term partner ENK Logistics, expanding its presence in the South Korean market.
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NewsBarnhart acquires Bollmeier Crane
USA-based Barnhart Crane and Rigging has acquired Madison, Illinois-based Bollmeier Crane, which provides rental services, equipment and associated personnel.
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NewsScan Global Logistics acquires Portugal’s Freight & Logistics Solutions
Scan Global Logistics (SGL) has acquired Portuguese logistics company Freight & Logistics Solutions (FLS).
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NewsRhenus expands in Latin America
Rhenus Logistics is expanding its presence in the Latin American market, acquiring BLU Logistics and securing a majority share of LBH Group.
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NewsShareholders approve Egytrans NOSCO merger
Shareholders at Egypt-headquartered logistics group Egytrans approved the acquisition of 99.9 percent of National Transport and Overseas Services Company (NOSCO) through a share swap deal.
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NewsSAAM sells terminals business to Hapag-Lloyd
Chile-headquartered SAAM finalised the sale of its port terminals and logistics operations to Hapag-Lloyd for approximately USD995 million at the turn of August. SAAM will focus on expanding its towage business.
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NewsNorden takes stake in biofuel developer MASH
Norden has acquired a minority stake in Mash Makes, a Danish-Indian biofuel scale-up, which researches, develops and produces renewable fuels from biomass waste.
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NewsSea & Ports completes NAL Maroc acquisition
Sea & Ports Group has finalised the acquisition of NAL Maroc Maritime Agency in Morocco.