All Mergers and acquisitions articles – Page 31
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DSV buys UTi in USD1.35 billion deal
October 9 - Denmark headquartered DSV Group has acquired US based UTi Worldwide in a deal worth USD1.35 billion.
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TT Club remains stable
October 8 - The TT Club has published its mid-year update for the January 1 - August 31, 2015 trading period, reporting USD116 million in gross premiums earned and total assets of USD492.8 million.
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Shipmymachinery.com is now Absolute
September 30 - Absolute Worldwide Logistics has acquired Shipmymachinery.com, the online web portal providing transportation lead generation services to the transportation industry throughout North America relating to capital equipment and machinery, as w
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KOG founders hand over reins
September 29 - Following its acquisition by the Rhenus Group and subsequent corporate transition, KOG Worldwide founders Rolf Gubler and Jürgen Osmers will be replaced by Carsten Schröter and Tobias König, both of whom join KOG from Rhenus Project Logisti
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Gefco buys out IJS
September 28 - Gefco has signed an agreement with the private equity fund Nimbus to acquire Dutch logistics company IJS Global.
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Bonnesen up at Intermarine
September 22 - Effective immediately, Intermarine has named Lars Bonnesen as chartering director, Europe.
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First of ZPMC-Red Box module carriers leaves drydock
September 17 - Audax, the first of the two PC-3/ARC7 Ice Class module carriers that were ordered by ZPMC-Red Box Energy Services from Guangzhou Shipyard International (GSI) last year has been floated out from its drydock.
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Silk Way West gets third 747-8 freighter
August 21 - Silk Way West has taken delivery of the third from an order of five Boeing 747-8 freighters.
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Eddings up at Braemar
August 14 - Braemar Engineering has appointed Kyle Eddings to take over responsibility for global dynamic positioning (DP) and offshore projects, as part of plans to restructure its UK, US offshore and DP operations.
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Terex and Konecranes to merge
August 11 - Cranes and materials handling specialists Terex and Konecranes have agreed an all-share merger of equals to form a leading global lifting and materials handling solutions company.
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'Game on' for Red Box duo
July 28 - ZPMC-Red Box Energy Services has confirmed that its 50,000 dwt semi-submersible heavy lift vessel Red Zed II has departed the CIMC Yantai Raffles Shipyard for Batam, Indonesia, where it will load the first modules for the Yamal LNG project.
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ESB Kranverleih adds Liebherr lift
July 28 - Mittelbiberach, Germany based ESB Kranverleih Transport und Hebetechnik has invested in its heavy lift capability with the acquisition of a new Liebherr LTM 1200-5.1 mobile crane.
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Rhenus buys into CFNR
July 27 - Rhenus Group has purchased the inland waterway activities of Compagnie Française de Navigation Rhénane (CFNR).
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Pan Ocean seeks court reprieve
July 22 - South Korean shipping line Pan Ocean has applied to exit its court ordered rehabilitation plan, while appointing new chief executive officers to lead the organisation.
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Wind of change for BNSF
July 14 - BNSF Logistics has acquired rail logistics provider Transportation Technology Services (TTS), which focuses on the transport of components for the wind energy industry.
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Tight squeeze for Crane Rental
July 10 - Following its recent acquisition, Crane Rental Corporation and new owner, Maxim Crane Works, have got to work on an impressive job to move a 136-tonne bullet tank in the northeast USA.
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Australian shipping partnership opposed
July 10 - The Australian Competition and Consumer Commission (ACCC) has opposed the proposed acquisition by Sea Swift of Toll Marine Logistics' business in the Northern Territory and Far North Queensland.
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PD Ports acquires Groveport
July 10 - PD Ports has expanded its presence on the Humber estuary by acquiring Groveport - a privately owned inland port complex on the UK's River Trent - writes Isabel Freedman.
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Super duo for Weldex
July 1 - UK crawler crane hire company Weldex has taken delivery of the first of two new Terex Superlift 3800 lattice boom crawler cranes.
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Barnhart acquires Sicklesteel Cranes
June 30 - Barnhart Crane & Rigging has reached a final agreement to purchase Mount Vernon, Washington based lifting service provider Sicklesteel Cranes.