All Mergers and acquisitions articles – Page 22
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Subsea 7 sees market improvement
July 27 - Subsea 7's renewables and heavy lifting business unit saw increased offshore activity in the second quarter of 2017, following its acquisition of Seaway Heavy Lifting.
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Harren & Partner strikes SAL deal
July 26 - Ten years after it first took a stake in the shipping company, and six years after it took complete control, Japan-based Kawasaki Kisen Kaisa ("K" Line) has sold SAL Heavy Lift to the Bremen, Germany-based shipping group Harren & Partner.
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Samskip eyes up Nor Lines
July 25 - Samskip will acquire the activities of Nor Lines, part of the DSD Group, subject to the approval of Norway's competition authorities.
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Fagioli to get equity boost
July 24 - QuattroR, a management company specialising in corporate restructuring, is in advanced talks to acquire an initial 49 percent of Italy's Fagioli group.
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Tidewater gets court approval
July 17 - The United States Bankruptcy Court for the District of Delaware has confirmed the Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization for Tidewater, the US provider of larger offshore service vessels to the global energy industry,
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Japanese provide ONE details
July 14 - Even though some jurisdictions have yet to approve the merger, Japan's three large container lines have set out details of their new Ocean Network Express (ONE) organisation.
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Daseke adds Steelman companies
July 7 - Texas, USA-based Daseke has added the Steelman Companies to the Daseke group of companies.
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CraneWorks goes Demag for five-axle
June 26 - Terex Cranes distributor CraneWorks has taken delivery of a Demag AC 220-5, which Terex claims is one of the first Demag five-axle all terrain cranes in the USA.
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Necotrans on the brink?
June 26 - France-based freight forwarding and logistics group Necotrans is remaining tight-lipped on recent reports in the French media that it is about to be placed under judicial protection by the commercial court in Paris.
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Crane Worldwide buys Pacorini Forwarding
June 23 - In Italy, the Pacorini Group has concluded the sale of its subsidiary Pacorini Forwarding to CWL International, a company within the US-based Crane Worldwide Logistics Group, a global player operating in the freight forwarding business.
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ESTA director to step down
June 12 - Ton Klijn will serve as interim ESTA director following Søren Jansen's resignation at the end of June.
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Maxim completes Coast acquisition
June 12 - Maxim Crane Works has completed the acquisition of Coast Crane Company, an indirect subsidiary of Essex Rental Corp.
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Bugsier plays fair with merger
June 5 - Fairplay Towage and Bugsier have announced their intention to merge their respective business activities in order to expand and strengthen their presence in Germany and Europe.
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IronPlant joins the Ritchie family
June 1 - Heavy equipment auctioneer Ritchie Bros has acquired IronPlanet, an online marketplace for heavy equipment and other durable assets.
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Hapag-Lloyd and UASC complete merger
May 24 - Hapag-Lloyd and United Arab Shipping Company (UASC) have completed the merger between the two liner shipping companies.
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Mammoet expands in USA with acquisition
May 12 - Mammoet has acquired USA-based George Young Company, which specialises in rigging, machinery installation and heavy hauling.
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Kerry goes for gold in Italy
May 9 - Kerry Logistics Network has agreed to acquire the majority stake of the Tuvia Group's subsidiary, Tuvia Italia SpA, as part of the former's ongoing expansion in Europe.
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Maxim eyes up Coast acquisition
May 8 - Maxim Crane Works and Essex Rental Corp have entered into a stock purchase agreement, in which Maxim will acquire Coast Crane Company, an indirect wholly-owned subsidiary of Essex.
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OL eyes project growth with Orion acquisition
May 5 - OL International has acquired Orion Marine - a project steamship agent specialising in delivering project, oversized and hazardous cargo.
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Rickmers reports loss ahead of restructuring
May 4 - Rickmers Group reported a year-on-year revenue decrease of 17.7 percent for 2016, falling to EUR483.3 million (USD527.6 million) from EUR587 million (USD640.8 million) in 2015.