All Mergers and acquisitions articles – Page 22

  • News

    Bugsier plays fair with merger

    2017-06-05T00:00:00Z

    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.

  • News

    IronPlant joins the Ritchie family

    2017-06-01T00:00:00Z

    June 1 - Heavy equipment auctioneer Ritchie Bros has acquired IronPlanet, an online marketplace for heavy equipment and other durable assets.

  • News

    Hapag-Lloyd and UASC complete merger

    2017-05-24T00:00:00Z

    May 24 - Hapag-Lloyd and United Arab Shipping Company (UASC) have completed the merger between the two liner shipping companies.

  • News

    Mammoet expands in USA with acquisition

    2017-05-12T00:00:00Z

    May 12 - Mammoet has acquired USA-based George Young Company, which specialises in rigging, machinery installation and heavy hauling.

  • News

    Kerry goes for gold in Italy

    2017-05-09T00:00:00Z

    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.

  • News

    Maxim eyes up Coast acquisition

    2017-05-08T00:00:00Z

    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.

  • News

    OL eyes project growth with Orion acquisition

    2017-05-05T00:00:00Z

    May 5 - OL International has acquired Orion Marine - a project steamship agent specialising in delivering project, oversized and hazardous cargo.

  • News

    Rickmers reports loss ahead of restructuring

    2017-05-04T00:00:00Z

    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.

  • News

    Panalpina takes a stake in Carelog

    2017-05-03T00:00:00Z

    May 3 - Panalpina World Transport has acquired a majority stake in Carelog Freight Service, a Danish freight forwarding and logistics company.

  • News

    Daseke builds open-deck trucking group

    2017-05-03T00:00:00Z

    May 3 - Daseke Inc, one of the largest owners of open-deck transportation equipment in North America, is merging with fellow open-deck truck operators The Schilli Cos and Big Freight Systems Inc.

  • News

    Maersk's acquisition approved

    2017-05-03T00:00:00Z

    May 3 - The sale and purchase agreement for Maersk Line's acquisition of Hamburg Süd has been approved by the boards of Maersk Line and the Oetker Group.

  • News

    Strong start for DSV

    2017-05-02T00:00:00Z

    May 2 - DSV has reported a net revenue of DKK18.2 billion (USD2.7 billion) for the first quarter of 2017, in comparison to DKK15.3 billion (USD2.2 billion) for the corresponding period of 2016.

  • News

    Herfurth takes two

    2017-04-25T00:00:00Z

    April 25 - Herfurth Logistics, part of the Herfurth Group, has acquired the Netherlands-based companies M-Star Freight Services and Falconex.

  • News

    China Merchants completes Sinotrans merger

    2017-04-24T00:00:00Z

    April 24 - China Merchants Group, the state-owned conglomerate completed a strategic reorganisation, which results in and Sinotrans & CSC becoming a wholly-owned subsidiary of the former.

  • News

    Liebherr expands in Buenos Aires

    2017-04-12T00:00:00Z

    April 12 - Liebherr-Argentina, a subsidiary of Liebherr, has opened a 314 sq m office in Buenos Aires, expanding the group's activities in Argentina and Uruguay, primarily in the areas of mining, mobile cranes, and port and harbour cranes.

  • News

    WaterFront expands

    2017-04-07T00:00:00Z

    April 7 - Global ship agency WaterFront Maritime Services (WaterFront) has expanded by adding five new network partners across North and South America as well as the UK, in a move that provide it with a further 57 offices and access to more than 400 staff

  • News

    Weak year for Grieg shipping arm

    2017-04-07T00:00:00Z

    April 7 - In 2016, Grieg Star recorded a loss of NOK64 million (USD7.4 million), against a net deficit of NOK476 million (USD55.3 million) in 2015, says its parent company, Grieg Group.

  • News

    Zeaborn completes Rickmers-Linie takeover

    2017-04-06T00:00:00Z

    April 6 - Rickmers-Line GmbH, a company within the Bremen-based Zeaborn Group, has completed the takeover of the business operations of Rickmers-Linie and MCC Marine as well as NPC Projects, which was originally announced on February 9 and received cleara

  • News

    Schneider goes for IPO

    2017-04-05T00:00:00Z

    April 5 - Green Bay, USA-based trucking company, Schneider National has launched an initial public offering (IPO) of 28,947,000 shares of its Class B common stock, at an anticipated IPO price between USD18 and USD20 per share.

  • News

    Wilhelmsen and Wallenius complete merger

    2017-04-04T00:00:00Z

    April 4 - The boards of Wilh. Wilhelmsen and Wilh. Wilhelmsen Holding have received all the necessary approvals to complete the merger between Wilh. Wilhelmsen and Wallenius Lines, including the jointly owned entities Wallenius Wilhelmsen Logistics, EUKOR