All Mergers and acquisitions articles – Page 53

  • 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.

  • News

    Geodis Wilson in Atlanta facility expansion

    2010-08-06T00:00:00Z

    August 6 - Global freight forwarder Geodis Wilson has expanded its operations in Atlanta, USA into a new, larger, state-of-the-art facility.

  • News

    G'day as Aussie mining plant shipped to DRC

    2010-07-26T00:00:00Z

    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.

  • News

    BDP acquisition in Spain will handle project cargoes

    2010-07-12T00:00:00Z

    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

  • News

    Toll Group on acquisition trail

    2010-07-09T00:00:00Z

    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.

  • News

    Latest rumour regarding restart for An-124 production

    2010-06-23T00:00:00Z

    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

  • News

    Acergy and Subsea 7 to merge

    2010-06-22T00:00:00Z

    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.

  • News

    Boom Logistics issues ststement on takeover rumours

    2010-06-11T00:00:00Z

    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.

  • News

    Coyne Airways boosts US sales activity

    2010-06-08T00:00:00Z

    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.

  • News

    GAC sponsorship scores as Crystal Palace saved from liquidation

    2010-06-03T00:00:00Z

    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.

  • News

    Virginia targets heavy lift and breakbulk cargoes after box move

    2010-06-03T00:00:00Z

    June 3 - The Virginia Port Authority is making a concerted effort to attract more heavy lift project cargoes, breakbulk and ro-ro cargoes.

  • News

    Aveva makes acquisitions

    2010-06-03T00:00:00Z

    June 3 - Cambridge-based engineering industry software provider Aveva Group has acquired Logimatic's MARS business from Logimatic Holdings.

  • News

    Ramirent acquires Havator's access platform business

    2010-05-20T00:00:00Z

    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.

  • News

    CapMan to invest in Havator

    2010-05-17T00:00:00Z

    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.

  • News

    Wilhelmsen Ships Service takes full ownership of Japanese JV

    2010-04-20T00:00:00Z

    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

  • News

    Vanguard invests in mobile crane

    2010-04-16T00:00:00Z

    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.

  • News

    Actuant completes Integrated Solutions acquisitions

    2010-04-14T00:00:00Z

    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.