All Mergers and acquisitions articles – Page 29
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Goffin takes Great Yarmouth reins
February 23 - Following the acquisition of Great Yarmouth Port Company (GYPC) last year, Peel Ports has named Richard Goffin port director at the UK gateway.
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Challenging market harms Terex
February 23 - Terex has recorded an income from continuing operations of USD142.5 million in 2015, compared with USD259 million in 2014.
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Kobelco merger to go ahead
February 23 - Kobe Steel will merge the businesses of Kobelco Construction Machinery and Kobelco Cranes together with effect from April 1, 2016.
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Terex Konecranes merger on hold
February 22 - In a stock exchange statement, Terex Corporation has said that "it would be prudent to pause the integration planning activities for its merger with Konecranes for the time being".
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'Great year' for Atlas Air
February 19 - Atlas Air Worldwide Holdings posted an adjusted net income of USD125.3 million for the 12 months ended December 31, 2015, compared with USD93.4 million in 2014.
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Ritchie Bros acquires Mascus
February 19 - Industrial auctioneer Ritchie Bros has acquired online equipment listing service Mascus International Holding.
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Jantzie up at C.H. Robinson
February 17 - C.H. Robinson has promoted Bruce Jantzie to vice president of global forwarding, project logistics.
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2015 a 'good year' for DSV
February 10 - DSV record a net revenue of DKK12.6 billion (USD1.89 billion) in the fourth quarter of 2015, a slight increase compared with the DKK12.53 billion (USD1.88 billion) recorded in the fourth quarter of the previous year.
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SafmarineMPV down to one trade
February 8 - Following the recent sale of its South Africa - West Africa multipurpose service to Cape Town based Fairseas International and the withdrawal of the line from the West Africa - US Gulf trade in early January 2016, multipurpose operator Safmar
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Konecranes to scale back
February 5 - Konecranes intends to initiate actions aimed at annual cost savings of EUR25 million (USD27.9 million) by the end of 2017.
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MIQ strengthens Latin presence
February 3 - MIQ Logistics has purchased assets in Miami, Florida based Alfa Logistics and Colombia's Kronos Logistics.
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Dacotrans in Key merger
February 3 - Dacotrans Sweden has merged with GH Transport and Key Logistics to form a medium-sized freight forwarding and logistics outfit.
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Pacific Forum in Polynesian merger
January 29 - Polynesian Shipping Line (PSL), which is owned by Neptune Pacific Line, has concluded an agreement to merge with Pacific Forum Line (PFL) with effect from January 31, 2016.
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Terex gets another offer
January 27 - Terex Corporation has received an unsolicited, non-binding acquisition proposal from Zoomlion Heavy Industry Science and Technology to acquire all of its outstanding shares, in what seems like an attempt to override the existing deal between
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DSV completes UTi acquisition
January 22 - DSV's acquisition of UTi Worldwide has now been completed with the approval of UTi shareholders and competition authorities.
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Atlas Air inks Southern deal
January 20 - Atlas Air Worldwide Holdings has entered into a definitive agreement to acquire the privately-held intercontinental and domestic air cargo services provider Southern Air Holdings in a USD110 million deal.
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UTi-DSV merger edges closer
January 15 - UTi Worldwide's shareholders have overwhelmingly voted to adopt the previously announced merger agreement for the acquisition of the company by Danish transport and logistics outfit DSV.
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ABL in Dissaco takeover
January 11 - ABL has acquired the Antwerp based freight forwarding company Dissaco.
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RHI takes Haisheng stake
January 8 - Jiangsu Rainbow Heavy Industry (RHI) has revealed plans to acquire a 34.99 percent share in Hunan Haisheng Heavy Industry from two separate shareholders.