Latest news from Heavy Lift & Project Forwarding International Magazine

Heavy Lift Across the World

DSV ups Panalpina bid as Agility enters the fray

Panalpina’s board of directors confirmed that it has received a revised, non-binding proposal from DSV to acquire the company at a price of CHF180 (USD178.9) per share, all in cash.

Earlier this month, HLPFI reported that Panalpina’s largest shareholder, the Ernst Göhner Foundation, rejected a USD4.1 billion offer from DSV to acquire the Swiss freight forwarder.

Panalpina also responded to media reports and confirmed that it is in early stage discussions with Kuwait-headquartered logistics services provider, Agility, regarding “potential strategic opportunities with regard to their respective logistics businesses”.

www.ernst-goehner-stiftung.ch

www.panalpina.com

www.dsv.com

www.agility.com

Heavy Lift | News

Separators shipped to Kuwait thumbnail image

Separators shipped to Kuwait

April 12 - Khimji Ramdas Shipping has coordinated the haulage of five separators, with a combined weight of 1,200 tonnes, in Oman.
Views: 1024
Sarens raises the roof thumbnail image

Sarens raises the roof

April 12 - Sarens has installed part of the Al Bayt stadium’s retractable roof in Qatar as part of the ongoing preparations for the 2022 FIFA World Cup.
Views: 824
Marhaba Express launches breakbulk service thumbnail image

Marhaba Express launches breakbulk service

March 27 - Marhaba Express, a joint venture between Gold Star Line and Sarjak Container Lines, has launched a breakbulk liner service connecting the west coast of India with the Middle East Gulf.
Views: 1620

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.