All Mergers and acquisitions articles – Page 10
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Kuok moves to acquire POSH
Kuok Group has made a voluntary, conditional cash offer for all of the issued and outstanding ordinary shares of PACC Offshore Services Holdings (POSH).
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COLI and GRS target Japanese offshore renewables
Hamburg-headquartered Global Renewables Shipbrokers (GRS) has established a strategic partnership with COLI Schiffahrt & Transport in order to service Japan’s rapidly emerging offshore renewable energy market.
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Dongbang and COSCO join forces for large-scale projects
Dongbang Transport Logistics (Dongbang) and COSCO Shipping Specialized Carriers (COSCO) have signed a memorandum of understanding (MoU) that will see the companies jointly bid on large-scale projects.
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Bernhard Schulte forms joint venture with MidOcean
Bernhard Schulte Offshore (BSO) and MidOcean Wind (MOW) have entered into a joint venture to build and operate support vessels for the USA’s offshore wind energy industry.
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SGRE to buy Senvion assets
Siemens Gamesa Renewable Energy (SGRE) has reached agreement to acquire selected European assets of Senvion Group for EUR200 million (USD223.3 million).
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Rock-It invests in Triple M
Rock-It Cargo has invested in Belgium-based Triple M Entertainment Logistics.
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Belgian gateways begin merger talks
The port authorities of Antwerp and Zeebrugge will start negotiations with regard to a merger between the two gateways.
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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.