All Mergers and acquisitions articles – Page 52
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Boskalis raises earnings outlook and offers solution to pension issues
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.
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Finnish heavylift handler group expands by acquisition
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.
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Intermarine outlines investments
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).
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SMIT hits EUR75 million
November 12 - SMIT's net profit for the period until 30 September 2009 amounts to EUR75.1 million (USD112.24 million).
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Konecranes expands Moroccan company
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
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Braemar Marine merger into Braemar Falconer
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.
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Toll chief Paul Little to step down
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
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Port of Longview increases industrial property
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
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Europeans on the march in Asia
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.
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Eide adds floating crane
October 21 - Eide Lift 6 is the new name of the floating crane which Eide Marine Services has purchased from Aker Marine Contractors.
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DSV expands to South Africa
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
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Beluga-Intermarine: rumours fly following report of takeover
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.
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New Board for SMIT
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.
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Acquisition and partnership in Puerto Rico for Crowley and Islandwide
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
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Mammoet Maritime acquires multi-purpose pontoon
September 8 - Netherlands-based heavy lift operator Mammoet Maritime has expanded its fleet with the acquisition of a seagoing Schelde multi-purpose pontoon.
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GAC boosts presence in the Baltic region with strategic acquisition
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.
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GAC acquires Finnish ship agency
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.
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Boskalis posts strong result amid challenging market conditions
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.
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Toll re-brands in China
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.
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ASCO takeover targets Norway energy sector
August 10 - The ASCO Group has acquired a Norwegian freight forwarder in a bid to target the local energy sector.