All Mergers and acquisitions articles – Page 53
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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.
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Geodis Wilson in Atlanta facility expansion
August 6 - Global freight forwarder Geodis Wilson has expanded its operations in Atlanta, USA into a new, larger, state-of-the-art facility.
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G'day as Aussie mining plant shipped to DRC
July 26 - An Australian gold processing plant purchased by Canadian mining company Banro for dismantling and reassembly in the Democratic Republic of the Congo (DRC) has begun arriving on site in the DRC.
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BDP acquisition in Spain will handle project cargoes
July 12 - Whilst project cargoes are not the main competency of BDP International's recently acquired Spanish company Euromodal SA, Arnie Bornstein executive director - Marketing & Corporate Communications said that the company's project logistics arm wil
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Toll Group on acquisition trail
July 9 - Integrated logistics company, Toll Group is continuing on the acquisition trial and is acquiring WT Sea Air Group (WT) and Genesis Forwarding Group (Genesis), writes Alice Davidson.
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Latest rumour regarding restart for An-124 production
June 23 - Staff at HLPFI don't know what is more repetitive. Watching the England football team struggle through the group stage of a World Cup final (thank goodness for John Terry's backside), or anticipating news that the manufacture of the AN-124 is ab
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Acergy and Subsea 7 to merge
June 22 - In the first major consolidation in the oil services sector since the disaster in the Gulf of Mexico raised concerns of a regulatory clampdown on deepwater drilling activity, Acergy and Subsea 7 have agreed a USD5.4 billion merger.
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Boom Logistics issues ststement on takeover rumours
June 11 - In Australia, Boom Logistics has issued a formal statement in response to rumours of a takeover bid from special transport, lifting and services group McAleese Transport and Archer Capital.
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Coyne Airways boosts US sales activity
June 8 - Maindeck heavy lift cargo operator Coyne Airways has appointed a dedicated sales team in the USA to market its extensive network of air cargo delivery services to the Caspian region, Iraq and Afghanistan.
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GAC sponsorship scores as Crystal Palace saved from liquidation
June 3 - Dubai-based forwarder GAC's sponsorship of English football club Crystal Palace was secure this week when the club was saved from liquidation at the 11th hour by a fans' takeover which took a full three months to negotiate.
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Virginia targets heavy lift and breakbulk cargoes after box move
June 3 - The Virginia Port Authority is making a concerted effort to attract more heavy lift project cargoes, breakbulk and ro-ro cargoes.
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Aveva makes acquisitions
June 3 - Cambridge-based engineering industry software provider Aveva Group has acquired Logimatic's MARS business from Logimatic Holdings.
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Ramirent acquires Havator's access platform business
May 20 - Ramirent has acquired Havator Group's access platform operation and has signed a five-year rental and cooperation agreement with Havator in Finland, Sweden and Norway.
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CapMan to invest in Havator
May 17 - Finnish Institutional investor CapMan Buyout IX has taken a significant stake in the Havator Group, one of the Nordic region's leading suppliers of crane services, special transports, section assembly and harbour crane services.
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Wilhelmsen Ships Service takes full ownership of Japanese JV
April 20 - Wilhelmsen Ships Service has purchased the remaining 49 percent of Aall & Company's interest, and established complete 100 percent ownership in Wilhelmsen Aall Ships Service Pte Ltd, in Japan, absorbing what was previously a joint venture compa
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Vanguard invests in mobile crane
April 16 - In South Africa, Vanguard, in a joint venture with Grindrod and private investors, has invested ZAR70 million (USD9.5 million) on a new mobile cranes.
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Actuant completes Integrated Solutions acquisitions
April 14 - Actuant Corporation has expanded its Enerpac Integrated Solutions capabilities with the acquisitions of Team Hydrotec and Hydrospex. The combined businesses generate approximately USD30 million in annual revenue.