All Mergers and acquisitions articles – Page 21
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Van Beest forges Irizar agreement
September 22 - Van Beest - manufacturer of Tycan, Excel and Green Pin lifting equipment - has acquired the majority of the shares of Irizar Forge, based in Spain.
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LGH acquires JDN's UK hire division
September 19 - Lifting Gear Hire (LGH) has acquired the Aberdeen, Scotland-based division of JD Neuhaus (JDN), a manufacturer of hoists and crane systems for extreme environments.
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Zeaborn set for more purchases
September 15 - The Zeaborn Group has confirmed media reports that it is in the market for further acquisitions having been part of a consortium that purchased Rickmers Group's ship management activities last week.
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OOIL takeover approved
September 12 - Cosco Shipping Holdings and Shanghai International Port Group's (SIPG) acquisition of Orient Overseas International (OOIL) has been approved by Chinese regulators.
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Vogel moves into SAL Heavy Lift
September 11 - Kai-Stefan Vogel has been appointed sales/chartering manager of SAL Heavy Lift, following Harren & Partner's acquisition of SAL earlier this year.
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NewsVan Beest gets Load Solutions
September 8 - The Van Beest Group, manufacturer and supplier of lifting accessories for wire rope and lifting chains, has acquired Load Solutions, based in Rådal, Norway.
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Leman expands in the UK
September 7 - Danish transport and logistics company Leman has acquired UK-based freight forwarder Maru International.
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A2SEA accepts Merkur challenge
September 6 - A2SEA, with its parent company GeoSea, will transport and install 66 transition pieces (TP) for the 396 MW Merkur offshore wind farm.
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C.H. Robinson grows with Milgram
September 4 - Third party logistics (3PL) company C.H. Robinson has acquired Canadian freight forwarder Milgram & Company for approximately CAD62 million (USD50 million).
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GeoSea completes A2SEA purchase
September 4 - GeoSea has completed the acquisition of A2SEA, following approval of the international competition authorities.
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Bolloré makes the news
September 1 - Bolloré Logistics has acquired Someport-Walon, an international freight forwarding company which specialises in the movement of industrial projects.
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Erickson appoints Kitani
September 1 - Global aviation services company, Erickson Incorporated, has appointed Doug Kitani as ceo and director, effective August 31, 2017.
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DB Schenker expands in New Zealand
August 31 - DB Schenker will expand its presence in New Zealand with the acquisition of SB Global Logistics.
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Samskip gets green light
August 30 - The Norwegian competition authority has approved Samskip's acquisition of Nor Lines.
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High summer for forwarders
August 23 - The summer has seen a slew of positive results for several multinational freight and logistics groups but the high pressure on margins remains a serious challenge.
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deugro rolls out Indonesian expansion
August 11 - deugro, the deugro Group's international project forwarding business unit, has acquired all of Rolitrans International's and Rolitrans Indonesia's heavy haul assets.
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WWL ALS opens in Norway
August 7 - Wallenius Wilhelmsen Logistics Abnormal Load Service (WWL ALS) is expanding into the Scandinavian market and will take over the Wilhelmsen Ships Services Nordic (WSS Nordic) offices in Bergen, Norway.
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Bishop Lifting takes Matex Wire Rope
August 3 - SBP Holdings, through its wholly owned subsidiary Bishop Lifting Products, has acquired Kilgore, USA-based, Matex Wire Rope.
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HLI on track with acquisition
August 3 - HLI Rail & Rigging has acquired a new 20-axle railcar, which is currently under construction and expected to be ready for service early in 2018.
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Container profitability on the horizon
July 27 - Container lines could see a 12-month cumulative profit of up to USD5 billion this year, as the "super-cycle" of carrier consolidation has changed the playing field and left shippers with less choice, says Drewry.