pewag acquires Aberdeen Web
pewag has acquired manufacturing partner Aberdeen Web, which makes webbing slings, round slings and ratchet systems.
Trio of NYK firms to merge
Three shipping and ship-management firms within the NYK Group will merge as part of a strategic business integration.
ITI releases third edition of Rigging Engineering Basics
Industrial Training International (ITI) has released the third edition of Rigging Engineering Basics, offering updated guidance on lift planning, crane selection, and rigging safety.
DSV’s deal for DB Schenker cleared
DSV said in a press release issued April 15 that it had fulfilled all closing conditions for its acquisition of Germany’s DB Schenker.
Denholm unifies logistics arms under single brand
Denholm UK Logistics and Denholm Good Logistics will come together under a single trading brand.
OIA Global acquires JF Moran
Portland, USA-based OIA Global has acquired compatriot Customs brokerage and freight forwarding firm JF Moran.
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The latest business news and developments of those active in the heavy lift and project logistics sector, including mergers & acquisitions (M&A), consolidation, expansion, forecasts and personnel changes across the sector.Get free access to HLPFI
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Meriaura sees revenue growth but profit hit by restructuring
Finland’s Meriaura Group published its financial results for 2024, with revenue up but EBITDA and net profit down on 2023’s figures. The Finnish shipping firm puts this largely down to the restructuring of its business.
Barnhart bolsters footprint in Southwest USA
Barnhart Crane and Rigging has acquired the assets and operations of two branches belonging to Crane Service, which is owned by ML Holdings, in Texas and New Mexico.
NTG acquires EDS and Rolls Freight
NTG Ebrex UK, a subsidiary of Nordic Transport Group (NTG), has signed an agreement to acquire 100 percent of the shares in EDS Worldwide and Rolls Freight, both based in the UK.
Cadeler posts strong 2024 results
Offshore installation contractor Cadeler has posted its preliminary financial results for 2024, with revenue up 128 percent on 2023 and EBITDA up 200 percent.