All Mergers and acquisitions articles – Page 52

  • News

    Boskalis raises earnings outlook and offers solution to pension issues

    2010-11-22T00:00:00Z

    November 22 - Royal Boskalis Westminster, a global services provider operating in the dredging, maritime infrastructure and maritime services sectors, has reported that Q3 2010 trading has risen, thanks in part to its contested takeover of SMIT this year.

  • News

    Finnish heavylift handler group expands by acquisition

    2010-11-18T00:00:00Z

    November 18 - Havator Group has acquired 100 percent of heavylift handler and crane operator BinSell i Uppsala to strengthen its operations in the Stockholm area.

  • News

    Intermarine outlines investments

    2010-11-12T00:00:00Z

    November 12 - Intermarine plans to buy up to 15 new vessels by 2012, raising up to USD150 million with the help of its new Asset Management Platform (AMP).

  • News

    SMIT hits EUR75 million

    2010-11-12T00:00:00Z

    November 12 - SMIT's net profit for the period until 30 September 2009 amounts to EUR75.1 million (USD112.24 million).

  • News

    Konecranes expands Moroccan company

    2010-11-02T00:00:00Z

    November 2 - Konecranes has acquired 100 percent of the shares in port crane service and modernisation company Techniplus S.A.R.L. in Morocco which has 120 employees and net sales of EUR7 million (2009) (USD9.7 million). The value of the acquisition has n

  • News

    Braemar Marine merger into Braemar Falconer

    2010-11-02T00:00:00Z

    November 2 - Braemar Shipping Services plc announced yesterday the merger of subsidiary Braemar Marine into the existing survey and risk control operations of Braemar Falconer.

  • News

    Toll chief Paul Little to step down

    2010-10-28T00:00:00Z

    October 28 - Toll Holdings Ltd has confirmed its managing director Paul Little will step down after a quarter of a century at the company, but will remain on the board as a non-executive director, with the logistics firm planning to replace him by January

  • News

    Port of Longview increases industrial property

    2010-10-25T00:00:00Z

    October 25 - The Port of Longview has bid successfully for 306 acres (123.8 ha) of undeveloped property near the port's existing facility on the Columbia River, almost doubling the port's existing 437 acres of industrial property, which is near capacity a

  • News

    Europeans on the march in Asia

    2010-10-22T00:00:00Z

    October 22 - Rhenus AG & Co. KG has signed an agreement with the Pro-Log Group based in Asia to acquire a majority shareholding in the group. This will enable Rhenus to further consolidate its own network in Asia.

  • News

    Eide adds floating crane

    2010-10-21T00:00:00Z

    October 21 - Eide Lift 6 is the new name of the floating crane which Eide Marine Services has purchased from Aker Marine Contractors.

  • News

    DSV expands to South Africa

    2010-10-11T00:00:00Z

    October 11 - DSV Air & Sea Holding A/S (DSV) has established a South African subsidiary , which has concluded an agreement on the acquisition of the business activities of Transmedit Forwarding (Proprietary) Ltd, which currently is agent for DSV in South

  • News

    Beluga-Intermarine: rumours fly following report of takeover

    2010-09-17T00:00:00Z

    September 17 - Tongues are wagging in the heavy lift shipping sector, following reports in the German national media that Beluga is set to make a spectacular, million-dollar bid for US rival, Intermarine.

  • News

    New Board for SMIT

    2010-09-10T00:00:00Z

    September 10 - A new Board of Directors has been established for SMIT, in connection with with the recent SMIT-Boskalis merger, consisting of four members and replacing the Management Board as well as the Stratcom.

  • News

    Acquisition and partnership in Puerto Rico for Crowley and Islandwide

    2010-09-09T00:00:00Z

    September 9 - Project and heavy lift cargo operations are likely to be part of the value-added services provided to customers in Puerto Rico, following Crowley Maritime Corporation's logistics group acquisition of Islandwide Air and Ocean and agreement wi

  • News

    Mammoet Maritime acquires multi-purpose pontoon

    2010-09-08T00:00:00Z

    September 8 - Netherlands-based heavy lift operator Mammoet Maritime has expanded its fleet with the acquisition of a seagoing Schelde multi-purpose pontoon.

  • News

    GAC boosts presence in the Baltic region with strategic acquisition

    2010-09-02T00:00:00Z

    September 2 - The GAC Group has strengthened its Baltic Sea region coverage with the acquisition of leading Finnish ship agent John Nurminen Navis (JNN). The company has been rebranded as GAC-Nurminen Navis.

  • News

    GAC acquires Finnish ship agency

    2010-09-01T00:00:00Z

    September 1 - The GAC Group says it has strengthened its presence in the Baltic Sea region with the acquisition of Finnish ship agent, John Nurminen Navis Oy.

  • News

    Boskalis posts strong result amid challenging market conditions

    2010-08-19T00:00:00Z

    August 19 - Royal Boskalis Westminster NV realised a net profit of EUR123.9 million (USD159.3) in the first half of 2010, up from EUR102.7 million (USD132.1) in the first half of 2009.

  • News

    Toll re-brands in China

    2010-08-16T00:00:00Z

    August 16 - The Australian-based Toll Group has launched a fully-owned and operated contract logistics operation in China after its integration into the Toll Global Logistics division.

  • News

    ASCO takeover targets Norway energy sector

    2010-08-10T00:00:00Z

    August 10 - The ASCO Group has acquired a Norwegian freight forwarder in a bid to target the local energy sector.