All Mergers and acquisitions articles – Page 38
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Saltchuk makes Tropical acquisition
April 8 - A subsidiary of Saltchuk Resources has entered into a binding purchase and sale agreement to acquire Tropical Shipping and its related transportation, consolidation and cargo insurance companies.
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Projects and contracts - April 4th 2014
Here is a round up of some key developments in the engineering, procurement and construction (EPC) sector from the past week, including a QDVC-led JV winning a large motorway construction project and Wood Group securing retrofit projects in Australia.
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Further consolidation for container shipping, says Fitch
March 31 - Fitch Ratings says that consolidation in the container shipping segment via alliances or mergers is likely to accelerate due to persistent overcapacity and freight rates pressure.
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Bishop acquires Delta
March 28 - SBP Holdings, through its wholly owned subsidiary Bishop Lifting Products, has completed the acquisition of Houston headquartered Delta Rigging & Tools.
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EPC round up - March 21, 2014
March 21 - Here is a round up of some of the most important developments in the engineering, procurement and construction (EPC) sector from the past week.
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Lagasee heads up Zeeland
March 18 - Jan Lagasee has been appointed interim ceo of NV Zeeland Seaports.
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BNSF to invest USD5 billion
March 17 - BNSF Railway Company (BNSF) has revealed a USD5 billion capital commitment plan for 2014, up USD1 billion over its 2013 capital spend.
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The Friday Flyer - March 14th 2014
This week's round up of news from the world of heavy lift and project forwarding.
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Air Charter Service Group, Hangar 8 merger talks end
March 13 - Merger talks between the Air Charter Service Group (ACS) and Oxford-based aircraft management company Hangar 8 have been terminated, ACS confirmed today..
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Boskalis breaks records in 2013
March 13 - Royal Boskalis Westminster - the Netherlands based dredging and marine contractor - posted a record net profit of EUR366 million (USD511 million) in 2013, up from EUR249 million (USD347.7 million) in 2012.
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ENTREC fixes funds
March 7 - ENTREC Corporation has closed a new USD240 million senior secured asset-based credit facility, the ABL Facility, with a syndicate of lenders led by Wells Fargo Capital Finance Corporation Canada.
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Pan Ocean looking for merger or acquisition
March 6 - Korean shipping company, Pan Ocean has appointed Samil PricewaterhouseCoopers as its advisor to provide guidance and support in a potential merger or acquisition operation.
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CNCo completes acquisition of Pacifica
March 6 - The China Navigation Company (CNCo) has completed the purchase of Pacifica Shipping from New Zealand's Skeggs Group of companies.
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Boskalis reaches agreement on Fairmount acquisition
March 3 - Royal Boskalis Westminster nv has reached an agreement to acquire Fairmount Marine bv and Fairmount Ocean Towage Company bv from the French group Louis Dreyfus Armateurs.
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Kings Transport buys Walkers Haulage
February 25 - In Australia, Kings Consolidated Group has announced the acquisition of New South Wales-based haulage business, Walker's Haulage.
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The Friday Flyer - February 14th 2014
This week's round up of news from the world of heavy lift and project forwarding.
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Pella buys Sietas
February 12 - As of March 10, 2014, Russia's Pella Shipyard is taking over the Sietas shipyard in Hamburg.
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NCSG acquires Mullen
February 10 - Edmonton headquartered NCSG Crane & Heavy Haul Services has acquired the Calgary based Mullen Rigging and Industrial Services Inc.
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OXL seeks to reassure creditors
February 5 - Just over one month since it filed for creditor protection, Zeebrugge-based heavy lift and multi-purpose shipping line OXL it is confident that it will meet the May deadline set by the Belgian court to restructure its business and satisfy cre