All Mergers and acquisitions articles – Page 9
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NewsDrake closes Cometto deal for ANI
The Drake Group, in its capacity as representative of the Cometto brand in Australia, has received an order from Australian Naval Infrastructure (ANI) for 16 self-propelled MSPE modules.
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Qube in LCR takeover
Australia-based Qube Holdings has acquired industrial logistics service provider LCR Group in a deal valued at AUD135 million (USD93.2 million).
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Oakley acquires learning platforms
KVH Industries has sold its maritime training business, Videotel, to an affiliate of Oakley Capital for USD90 million.
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GTI completes Jetco acquisition
Canada’s GTI Transport Solutions has acquired Jetco, a Houston-based haulier that specialises in flatbed, heavy and intermodal logistics.
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Aqualis to acquire Braemar business units
Aqualis has agreed to buy the offshore, adjusting and marine business lines of Braemar Technical Services.
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Octra and Vanguard team up
Paris-headquartered Octra and Johannesburg-based Vanguard have entered a strategic partnership to serve clients in the energy, automotive, renewables and mining industries.
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Maxim moves to acquire Shaughnessy Companies
Maxim Crane Works has entered into an agreement to acquire Boston-based Shaughnessy & Ahern Co and S&A Cranes.
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Cattani rebrands to Barnhart
Illinois-based Cattani Crane is rebranding as Barnhart, the latter having acquired Cattani four years ago.
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WFW advises on Zeamarine acquisition
Zeaborn Group selected Watson Farley & Williams (WFW) to advise on the acquisition of all outstanding shares in Zeamarine from its joint venture partner, New Mountain Capital.
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Terex sells more product lines
Terex has sold its boom truck, truck crane and crossover product lines to Load King – a subsidiary of Custom Truck One Source.
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UAL and BOCS team up
Universal Africa Lines (UAL) and BOCS Bremen Overseas Chartering and Shipping (BOCS) are combining their liner services and vessels that operate from Europe to West Africa.
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Panalpina improves profitability
In the first three months of 2019, Panalpina boosted its profitability by 15 percent compared to the same period of last year.
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Zeaborn to take full control of Zeamarine
The Zeaborn Group has signed an agreement to acquire the remaining shares in Zeamarine – the joint venture with Intermarine that was established in May 2018.
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Rhenus buys Freight Logistics
Rhenus Group has acquired Miami-based international forwarder Freight Logistics.
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Aertssen Group acquires ADM Team Heavy Weight
Belgium’s Aertssen Group has strengthened its position in the heavy lift market with the acquisition of ADM Team Heavy Weight.
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Straightpoint partners with Dutest in UAE
Lifting equipment supplier Dutest will distribute Straightpoint’s range of load cells throughout the UAE.
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CM Labs and Antycip form partnership
CM Labs Simulations has established a presence in Europe by partnering with Antycip Simulation.
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Noatum closes MIQ takeover
Noatum Logistics has completed the acquisition of USA-based MIQ Logistics.
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Panalpina agrees DSV takeover bid
DSV and Panalpina have reached an agreement to join forces in a deal worth approximately CHF4.6 billion (USD4.6 billion).
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Fred. Olsen Ocean takes stake in United Wind Logistics
Fred. Olsen Ocean (FOO) has acquired a 50 percent interest in United Wind Logistics (UWL) – the Hamburg-based shipping and logistics specialist active in the wind energy industry.
