All Mergers and acquisitions articles – Page 17
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LBH and Rhenus target waterway market
Port services provider LBH Group is planning to form a joint venture with logistics service provider Rhenus in the European inland waterway shipping sector.
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Fracht takes over Polytra
Effective July 1, 2018, the Switzerland-based Fracht group has acquired the Belgium-based forwarding company Polytra.
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Adani takes Kattupalli stake
Adani Ports and Special Economic Zone (APSEZ) has acquired 97 percent of the shares of Marine Infrastructure Developer Private Limited (MIDPL), the developer and operator of Kattupalli port in India.
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Fairplay relocates in Germany
Fairplay Towage has moved its corporate headquarters following last year’s acquisition of Bugsier Reederei.
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Barnhart lines up Strate acquisition
Barnhart Crane and Rigging is set to acquire Idaho-based crane service provider Strate Line Crane and Rigging.
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GlobalTranz goes to Jordan
USA-based freight broker GlobalTranz Enterprises has been sold to private equity firm The Jordan Company.
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Kerry Logistics expands project logistics capabilities
Kerry Logistics has acquired a majority stake in Saga Italia, strengthening its service portfolio and project logistics capabilities.
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Sarens plucks Makzume in Turkey
Sarens has formed a joint venture with LAM - Lyonel A. Makzume Shipping Agencies (Makzume) to expand its operations in Turkey and neighbouring countries.
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Kerry Logistics expands in South Africa
Kerry Logistics has acquired Johannesburg-based freight forwarding and logistics company, Shipping and Airfreight Services (SAS).
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Intermarine and Zeaborn form Zeamarine
With Breakbulk Europe set to open in a few hours, Maritime Holdings Delaware, parent company of Intermarine, and Zeaborn Group have surprised the heavy lift and multipurpose shipping sector with the formation of a joint venture entity - Zeamarine.
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Western acquires Squamish Terminals
Western Stevedoring has acquired Squamish Terminals from Norway's Grieg Star.
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ATS inks TOTE partnership
ATS International, a division of Anderson Trucking Service (ATS), has entered into a strategic partnership with TOTE Maritime Puerto Rico for the provision of its equipment for shipping non-containerised cargo.
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Sparrows flies into Indonesian deal
Sparrows Group has appointed heavy lift equipment supplier Superkrane as its agent in Indonesia.
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Goldhofer boosts representation in Spain and Portugal
Goldhofer has appointed Mycsa Mulder y Co as its exclusive sales and service partner for Spain and Portugal.
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Ocean7 opens Bangkok office
Ocean7 Projects has established an office in Bangkok, Thailand, in a joint venture with WeShip Projects.
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RWG goes for Gold in Vietnamese merger
Red Wolf Global (RWG) has merged its Vietnamese operations with Gold Line Company, a non-asset based international logistics firm based in Ho Chi Minh City.
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Watco takes control of Industrial Terminals
Watco Companies has acquired the leasehold ownership of Industrial Terminals from Industrial Maritime Carriers (IMC) and Intermarine.
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Hunt & Palmer soars with acquisition
Hunt & Palmer (H&P) has acquired all of the shares in UK-based Aircraft Chartering Services, upon the retirement of its founder Mark Hugo.
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CMA CGM takes stake as CEVA logistics plans to float
CMA CGM is to acquire a 25 percent stake in CEVA Logistics as part of the planned flotation of the CEVA business, which was announced yesterday.
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Van Beest merges brands
The Netherlands-based Van Beest, which manufactures Tycan fibre chain, Excel chain fittings and Green Pin rope fittings, is merging its Tycan and Excel brands into Green Pin, with immediate effect.