All Mergers and acquisitions articles – Page 54

  • News

    Boskalis completes acquisition of SMIT

    2010-04-07T00:00:00Z

    April 7 - With more than 95 percent of shareholders having accepted the offer made by dredging company Royal Boskalis Westminster to acquire heavy lift shipping, tug and salvage company SMIT International, the merger of the two is now set to go ahead.

  • News

    Boskalis declares offer for Smit unconditional

    2010-03-30T00:00:00Z

    March 30 - In the latest news from the long-running Boskalis - Smit takeover, Royal Boskalis Westminster has declared its public offer for all of the shares in Smit Internationale unconditional.

  • News

    Wilh. Wilhelmsen to float off segments in company restructuring

    2010-03-16T00:00:00Z

    March 16 - Shareholders in Wilh. Wilhelmsen are to be asked to allow a restructuring of the company that will see the company's shipping and logistics segment separated from the maritime services under the control of a new group parent company.

  • News

    SMIT achieves solid results

    2010-03-05T00:00:00Z

    March 5 - According to the company CEO, SMIT continued to realise good financial results in 2009 despite the worldwide recession which impacted on its business.

  • News

    New transporter banishes cornering problems

    2010-02-23T00:00:00Z

    February 23 - Almost two decades after a Danish haulier commissioned German manufacturer Goldhofer's first tower adapter for the transportation of tower segments, the two companies have again worked to produce another first for the heavy cargo transport s

  • News

    New name in Polish heavy lift market

    2010-02-19T00:00:00Z

    February 19 - EFH Zurawie Wiezowe SA and Gastel SA announced a merger that will create a new name in the Polish heavy haulage, lift and crane rental market.

  • News

    Boskalis offer too low say some Smit shareholders

    2010-02-05T00:00:00Z

    February 5 - According to a report in the Wall Street Journal, in an open letter to Smit management, holders of 7.2 percent of the company's outstanding shares have expressed their dissatisfaction with Boskalis' EUR62.50 per share bid.

  • News

    Smit Internationale loses supervisory board member

    2010-01-27T00:00:00Z

    January 27 - Monday's news that Royal Boskalis Westminster nv (Boskalis) and Smit Internationale nv (Smit) have signed a merger protocol for a full merger of the two companies seems to be behind the decision of Mr W Cordia to leave the Smit Internationale

  • News

    Smit and Boskalis sign merger potocol

    2010-01-25T00:00:00Z

    January 25 - Further to the news uploaded here in December, Royal Boskalis Westminster nv (Boskalis) and Smit Internationale nv (Smit) have announced that they have signed a merger protocol for a full merger of the two companies.

  • News

    Calera makes majority investment in Rock-It Cargo

    2010-01-11T00:00:00Z

    January 11 - Calera Capital, a leading middle-market private equity firm, has invested in Rock-It Cargo LLC (Rock-It) in partnership with Rock-It management.

  • News

    GAC restructures UK operations

    2010-01-05T00:00:00Z

    January 5 - Global shipping, logistics and marine services group GAC has announced the merger of its UK operations.

  • News

    Topaz secures USD42m financing

    2009-12-21T00:00:00Z

    December 21 - Topaz Energy and Marine has raised USD42 million from Standard Chartered Bank, Dubai in support of its fleet expansion plans, taking its total financing raised in 2009 to USD150 million, the lion's share of which has been deployed to support

  • News

    Nordic Heavy Lift sheds contracts for Borealis construction

    2009-12-17T00:00:00Z

    December 17 - Rotterdam-based Nordic Heavy Lift (NHL) has sold the construction contracts for the heavy lift crane ship Borealis to a subsidiary of London-based Acergy Group, the seabed-to-surface engineering and construction contractor to the offshore oi

  • News

    Funding in place for Smit acquisition, says Boskalis

    2009-12-17T00:00:00Z

    December 17 - Royal Boskalis Westminster has announced that financing of its intended public offer of EUR60 per share (cum dividend) for Smit Internationale is now in place.

  • News

    Inmarsat activates 5,000th Fleetbroadband terminal

    2009-12-16T00:00:00Z

    December 16 - Inmarsat (LSE: ISAT), a provider of global mobile satellite communications services, has activated the 5,000th FleetBroadband terminal.

  • News

    Boskalis - Smit merger on track

    2009-12-09T00:00:00Z

    December 9 - Royal Boskalis Westminster in The Netherlands says good progress is being made in preparation for the merger of the company with Smit Internationale NV (Smit).

  • News

    Rickmers-Linie names Brunoni as Swiss agent

    2009-12-08T00:00:00Z

    December 8 - Rickmers-Linie, the breakbulk, heavylift and project cargo specialist headquartered in Hamburg, has appointed Zurich-based O Brunoni SA as its Swiss agent with effect from 1 January 2010.

  • News

    Boskalis and Smit announce merger

    2009-11-12T00:00:00Z

    November 12 - Royal Boskalis Westminster nv (Boskalis) and Smit Internationale nv (Smit) have reached agreement on a full merger of the two companies, whereby all the activities of Smit will be continued in the combined company (the Group).

  • News

    Toll completes hat-trick of 2009 acquisitions

    2009-11-09T00:00:00Z

    November 9 - Australian-based Toll Group has acquired Logistic Distribution Systems (LDS), one of the leading privately-owned international freight forwarding companies in the United Arab Emirates (UAE).

  • News

    DSV drops interim name to return to old identity

    2009-10-12T00:00:00Z

    October 12 - Just 13 months after the corporate merger of DSV Air & Sea and ABX Logistics Air & Sea, described at the time by mangers as "the perfect match", the expanded company will now officially be known, with immediate effect, as DSV Air & Sea GmbH.