All Mergers and acquisitions articles – Page 7
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Avia completes Chapman acquisition
Avia Solutions Group has completed the acquisition of UK-headquartered Chapman Freeborn Group.
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DSV warns of cuts at Panalpina
Corporate functions and positions at Panalpina may be cut or relocated to DSV’s headquarters in Denmark, as the companies continue with the integration process.
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Kotug International and Horizon join forces
Kotug International and Horizon Maritime Services have formed Kotug Canada, a joint venture that will offer terminal and harbour towage services across Canada.
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ECS Group builds for the future
Robert van de Weg has joined Paris-based airline general sales and services agent (GSSA) ECS Group, following his departure from Cargo Logic Management.
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M&M in Serbian JV
Militzer & Münch Group (M&M) has formed a joint venture in Serbia with Invictus System Transport & Logistics.
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Ostend buys up REBO terminal
DEME has decided to sell its 30 percent stake in the Renewable Energy Base Ostend (REBO) terminal in Belgium.
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Tiong Woon sets up JV for RAPID
Tiong Woon Crane & Transport Malaysia (TWCT Malaysia) is teaming up with PDT Oil & Gas Services to provide heavy lifting and transport services for the Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang, Johor.
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Bishop acquires Western Sling & Supply
Bishop Lifting Products has acquired Western Sling & Supply Company.
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Star potential in Windhoist
European fund manager Star Capital Partnership has acquired Scotland-headquartered Windhoist Holdings, a wind turbine installation contractor, for an undisclosed amount.
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Zeaborn forms JV with MPC
Zeaborn Group has formed a joint venture with MPC Capital Group to handle the chartering and commercial management of a fleet of more than 160 container and bulk carriers.
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Antwerp forwarders team up
Aneka and Edmond Van Dyck & Sons, two Antwerp-based freight forwarders, are merging their operations to create Steelduxx, a new entity that will be fully operational in 2020.
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First joint shipment for DSV Panalpina
Last week, DSV Panalpina delivered thrust reverser engine parts from Huntsville, USA to Luxembourg – the first shipment handled by the new organisation’s combined network.
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PSA acquires Penn Terminals
PSA International has acquired Penn Terminals, located on the Delaware River in the USA, from Macquarie Infrastructure Partners.
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SeaRenergy acquires Elbe-1
Hamburg-based offshore service provider SeaRenergy has acquired Elbe-1, an engineering company that offers consultancy services for the design, certification and approval of offshore wind projects.
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DSV completes Panalpina acquisition
DSV has completed the acquisition of Swiss freight forwarder Panalpina, creating one of the world’s largest transport and logistics companies.
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Panalpina approves DSV’s board nominations
Panalpina has approved the appointment of Kurt K. Larsen, Thomas Plenborg, Jens Bjørn Andersen and Jens H. Lund to its board of directors at its extraordinary general meeting.
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Tadano completes Demag takeover
Tadano has completed the USD215 million acquisition of the Demag mobile crane business unit.
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Boskalis completes sale of Kotug Smit
Royal Boskalis Westminster, together with its co-shareholder Kotug International, completed the sale of Kotug Smit Towage to Boluda Group.
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MIQ to rebrand as Noatum Logistics
MIQ Logistics will be rebranded as Noatum Logistics, as the companies progress with the post-takeover transition.
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Mammoet to acquire ALE
Mammoet has confirmed that it has signed an agreement to acquire UK-based competitor ALE.