All Mergers and acquisitions articles – Page 7
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NewsBishop expands with All-Lifts acquisition
Bishop Lifting Products has acquired New York-headquartered All-Lifts – a fabricator of wire rope slings, synthetic slings, alloy chain slings and below-the-hook lifting devices.
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NewsInchcape in Kennedy Hunter acquisition
Inchcape Shipping Services has agreed to buy port agency provider Kennedy Hunter in Belgium from Conti-Lines Group.
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NewsCeva acquires Spedag Interfreight
Ceva Logistics has acquired East African forwarding specialist Spedag Interfreight.
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NewsNordic Crane takes over Kran-Kompagniet
Nordic Crane has acquired a 70 percent stake in Danish crane company Kran-Kompagniet.
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NewsHAL launches Boskalis takeover
The Netherlands-headquartered HAL has launched its all-cash takeover of Boskalis with an offer that values the heavy lift and marine services contractor at USD4.42 billion.
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NewsDSV unaware of any C.H. Robinson divestment process
DSV has said it is unaware of any divestment process at C.H. Robinson after reports emerged that the Danish forwarder was interested in buying the US firm’s forwarding business, reports HLPFI’s sister title Air Cargo News.
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NewsHarren & Partner acquires HeavyLift@Sea stake
Harren & Partner Group has acquired a major stake in Hamburg-based ship design and engineering service provider HeavyLift@Sea.
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NewsMaersk acquires Senator International
A.P. Møller - Mærsk has acquired freight forwarding company Senator International.
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NewsWilhelmsen ups NorSea stake
Wilhelmsen has increased its stake in NorSea, securing 99 percent ownership in the Norwegian company.
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NewsBolk takes Uddevalla stake
The Netherlands-headquartered Bolk Transport has acquired a 50 percent stake Sweden’s Uddevalla Specialtransporter.
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NewsPort of Antwerp-Bruges emerges
The ports of Antwerp and Zeebrugge have officially merged and will start operating as port of Antwerp-Bruges.
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NewsCMA CGM snaps up GEFCO
CMA CGM has acquired 100 percent of the shares in automotive logistics business GEFCO, which was until recently 75 percent-owned by Russian Railways RZD and 25 percent by car company Stellantis.
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NewsMaersk launches air cargo business
HLPFI’s sister title Air Cargo News said that AP Moller Maersk has launched its new air cargo business as it looks to meet customer demand for supply chain security.
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NewsMSC to buy Bolloré Africa Logistics
MSC Group has entered a share purchase agreement with Bolloré for the acquisition of 100 percent of Bolloré Africa Logistics, including all the group’s shipping, logistics and terminal operations in Africa as well as its terminal operations in India, Haiti and Timor-Leste.
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NewsMajor acquisitions on the horizon for J M Baxi
J M Baxi Group has signed an agreement to acquire Allcargo Logistics’ project forwarding and logistics business and provided a binding offer to acquire Lift & Shift India’s heavy and over-dimensional cargo logistics business.
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NewsClyde & Co and BLM agree merger
Law firms Clyde & Co and BLM have agreed to merge following a vote in favour by partners at both firms.
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NewsWallenius Wilhelmsen acquires ALS
Wallenius Wilhelmsen has taken over the remaining shares in UK-based ALS.
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NewsVertomCory comes to life
Cory Brothers Shipping Agency and Vertom Agencies have completed their merger to become VertomCory.
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NewsBlue Water bolsters Guyana operation
Blue Water Shipping has acquired Guyana-based Falcon Logistics.