All Mergers and acquisitions articles – Page 28
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Hapag discusses UASC merger
April 21 - Hapag-Lloyd has confirmed that it is currently discussing forms of cooperation with United Arab Shipping Company (UASC), including a potential combination of the two parties' mutual container shipping operations.
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Kobelco giants join MIC
April 20 - Kobelco Construction Machinery celebrated the handover of three 1,250-tonne capacity SL16000J-H crawler cranes to its longstanding customer, Japan's MIC Corporation, at the bauma exhibition in Munich last week.
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Rickmers considers ship management merger
April 18 - Rickmers Holding and E.R. Capital Holding are reviewing a potential merger of their respective ship management units - Rickmers Maritime Services and E.R. Schiffahrt.
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Vallianz buys out Holmen
April 12 - Through its wholly owned subsidiary Vallianz International, Vallianz Holding has acquired a 75 percent shareholding in Holmen Heavylift Offshore for USD6 million.
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EMS gains Fehn Lyra
April 11 - The 4,500 dwt vessel Fehn Lyra (ex-Fluvius Tamar) has joined the fleet of Fehn Ship Management and will subsequently be chartered by EMS Chartering.
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DSV says UTi takeover going well
April 11 - Following its acquisition of UTi, DSV says that its 100 largest clients have all committed to continuing business with the combined group.
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Zeaborn expands fleet to 34
April 11 - Further to the news reported by HLPFI last week regarding the company's cooperation with Carisbrooke Shipping, Zeaborn has acquired a majority shareholding in the shipping-related companies of the HC Group.
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Atlas completes Southern swoop
April 8 - In a deal worth USD110 million, Atlas Air Worldwide Holdings has completed its acquisition of Southern Air Holdings.
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Duo joins DPH
April 6 - US based stevedoring and terminal service organisation Diversified Port Holdings (DPH) - parent company of Seaonus and Portus - has appointed Chris May as chief process officer and Troy Gouger as president of operations.
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Bilbao ups project cargo focus
March 31 - According to Uniport Bilbao, SDW Shipping has begun a new monthly service linking the Spanish port with Colombia, Ecuador, Peru, Chile and Bolivia.
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Zoomlion ups Terex offer
March 24 - Terex Corporation has received a revised non-binding proposal from Zoomlion Heavy Industry Science and Technology to acquire all of the company's outstanding shares for USD31 per share.
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Hapag-Lloyd results on track
March 23 - Hapag-Lloyd achieved a net profit of EUR114 million (USD127 million) in the 2015 financial year, compared with EUR -604 million (USD -674 million) in 2014.
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Rhenus in German takeover
March 23 - The Rhenus Group has expanded its capacity in the German state of North Rhine-Westphalia through the acquisition of Allgemeine Land und Seespedition (ALS).
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NileDutch buys out SafmarineMPV
March 16 - NileDutch has acquired SafmarineMPV's Europe to West Africa services and operations.
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CP boss faces battle
March 11 - Canadian Pacific Railway ceo Hunter Harrison is facing an uphill battle to convince CSX - not just Norfolk Southern - of the merits of a merger.
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Cannavo up at Flensborg
March 7 - With immediate effect, Rob Cannavo has taken over representation of Flensborg and Associates in South Africa.
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Tilbury set for expansion
March 4 - Forth Ports has entered into an agreement to purchase 152 acres (61.5 ha) of land, including a deepwater jetty, to the east of the UK's Port of Tilbury.
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Hapag-Lloyd targets heavy cargoes
March 3 - As part of an increased focus on obtaining heavy and over-dimensional cargoes for its container ships, Hapag-Lloyd has established special cargo teams for the major markets in Asia and the Americas, in addition to its special cargo division at i
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Broekman acquires DMI
March 3 - Broekman Logistics has acquired Distribution Masters International (DMI).
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SCH ups lifting capacity
March 1 - Southampton Cargo Handling (SCH) has expanded its fleet of project cargo handling equipment with the acquisition of a 72-tonne capacity modular spreader beam from Tilbury, UK based supplier Delphini.