All Mergers and acquisitions articles – Page 3
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NewsHemisphere Freight to acquire Magnus Group divisions
UK-based Hemisphere Freight Services is set to purchase the warehousing and freight forwarding divisions of Magnus Group, as well as all associated operational staff.
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NewsAIT Worldwide to acquire Lubbers Logistics
AIT Worldwide Logistics has entered into a binding agreement to acquire Lubbers Logistics Group, a European logistics company specialising in high-value, complex, and time-sensitive transport services.
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NewsBarnhart acquires Armstrong Crane and Rigging
USA-based Barnhart Crane and Rigging has made its third acquisition of the year having agreed to buy Armstrong Crane and Rigging, including its operated crane rental service and all associated personnel and equipment.
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NewsGCL on the acquisition trail in APAC
Global Critical Logistics (GCL) has acquired two New Zealand forwarders – Auckland-based Time Frame Logistics and Wellington-based Xtreme Forwarding – as part of ongoing expansion plans in the Asia-Pacific (APAC) region.
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NewsSGL acquires ENK Logistics
Freight forwarder Scan Global Logistics (SGL) has acquired long-term partner ENK Logistics, expanding its presence in the South Korean market.
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NewsBarnhart acquires Bollmeier Crane
USA-based Barnhart Crane and Rigging has acquired Madison, Illinois-based Bollmeier Crane, which provides rental services, equipment and associated personnel.
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NewsScan Global Logistics acquires Portugal’s Freight & Logistics Solutions
Scan Global Logistics (SGL) has acquired Portuguese logistics company Freight & Logistics Solutions (FLS).
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NewsRhenus expands in Latin America
Rhenus Logistics is expanding its presence in the Latin American market, acquiring BLU Logistics and securing a majority share of LBH Group.
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NewsShareholders approve Egytrans NOSCO merger
Shareholders at Egypt-headquartered logistics group Egytrans approved the acquisition of 99.9 percent of National Transport and Overseas Services Company (NOSCO) through a share swap deal.
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NewsSAAM 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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NewsNorden 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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NewsSea & Ports completes NAL Maroc acquisition
Sea & Ports Group has finalised the acquisition of NAL Maroc Maritime Agency in Morocco.
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NewsOmega 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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NewsFelbermayr 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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NewsMEI 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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NewsP&S Transportation acquires Rinaudo
P&S Transportation has purchased all substantial transportation assets of Rinaudo Enterprise and Ringo Specialized Hauling.
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NewsMediaco expands with Matthey-Petit acquisition
France-based Mediaco has acquired Switzerland’s Matthey-Petit – an exceptional transport and lifting company.
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NewsCortland 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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NewsSeajacks 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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NewsHEBO and Bonn & Mees join forces
Rotterdam-based HEBO Maritiem Service and Bonn & Mees Floating Sheerlegs have merged their operations.