All Mergers and acquisitions articles – Page 3
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SAAM sells terminals business to Hapag-Lloyd
Chile-headquartered SAAM finalised the sale of its port terminals and logistics operations to Hapag-Lloyd for approximately USD995 million at the turn of August. SAAM will focus on expanding its towage business.
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Norden takes stake in biofuel developer MASH
Norden has acquired a minority stake in Mash Makes, a Danish-Indian biofuel scale-up, which researches, develops and produces renewable fuels from biomass waste.
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Sea & Ports completes NAL Maroc acquisition
Sea & Ports Group has finalised the acquisition of NAL Maroc Maritime Agency in Morocco.
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Omega Morgan acquires Intermountain Rigging and Heavy Haul
Oregon-headquartered Omega Morgan has acquired the assets of Intermountain Rigging and Heavy Haul (IRH), the Salt Lake City-based heavy haul and rigging specialist.
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Felbermayr to take Rijnmond Logistics stake
Austria-headquartered Felbermayr will acquire a 50 percent stake in the Dutch inland shipping company Rijnmond Logistics Beheer, which is based in Papendrecht.
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MEI acquires heavy haulage and rigging specialists in the Carolinas
MEI Rigging & Crating has acquired Pro-Pac International and J&J Machinery Transport, both based in Charlotte, North Carolina.
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P&S Transportation acquires Rinaudo
P&S Transportation has purchased all substantial transportation assets of Rinaudo Enterprise and Ringo Specialized Hauling.
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Mediaco expands with Matthey-Petit acquisition
France-based Mediaco has acquired Switzerland’s Matthey-Petit – an exceptional transport and lifting company.
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Cortland Industrial sold to Tufropes
Enerpac Tools Group has completed the sale of Cortland Industrial to Tufropes – a manufacturer of high-performance synthetic fibre ropes and netting solutions.
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Seajacks vessels deployed to Europe
Seajacks UK, a wholly owned subsidiary of Eneti, has signed two contracts that will see two of its NG2500X-class vessels deployed in Northwest Europe.
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HEBO and Bonn & Mees join forces
Rotterdam-based HEBO Maritiem Service and Bonn & Mees Floating Sheerlegs have merged their operations.
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Sarens on the expansion path
Global engineered transport and heavy lift specialist Sarens is continuing its expansion drive with the launch of a wind energy division in collaboration with a Polish partner and the acquisition of shares in Italy-based Zanetti Solution.
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Norden completes Thorco Projects acquisition
Norden has completed the acquisition of Thorco Projects. It has been integrated into Norden Projects & Parcelling, which falls under the company’s freight services and trading business unit.
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Geodis expands in Switzerland with ITS acquisition
Freight forwarder Geodis has acquired Switzerland-based ITS - International Transport & Shipping.
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Norden to acquire Thorco Projects
Danish shipping company Norden has agreed to acquire Thorco Projects, diversifying its offering into the breakbulk, wind energy and steel shipping business.
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PSA acquires Sotrans stake
PSA International, through its subsidiary PSA Cargo Solutions Vietnam Investments, has acquired a minority stake in Sotrans Group from Indo-Trans Logistics (ITL).
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Doherty Heavy Haulage expands with SLS acquisition
UK-based Reimer, owner of Doherty Heavy Haulage, has acquired freight forwarder Specialist Logistics Services (SLS) and its partner company Martin Burgess Logistics.
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Pentagon acquires Alfons Freriks
Pentagon Freight Services has acquired the Netherlands-headquartered Alfons Freriks Logistics.
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VertomCory expands with Monson Agencies acquisition
VertomCory has acquired Australia-based Monson Agencies from Five V Capital, accelerating its strategy of international expansion.
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Barnhart plans Taylor Crane purchase
USA-based Barnhart Crane and Rigging has entered into an agreement to acquire Taylor Crane Rental.