All Mergers and acquisitions articles – Page 41

  • News

    Barloworld acquires TCS

    2013-07-30T00:00:00Z

    July 30 - Barloworld Transport Solutions (BWTS) has acquired TCS Logistics (PYT) Ltd, a specialist in moving abnormal loads into and around sub-Saharan Africa.

  • News

    CJ Korea chooses Amarcon's OCTOPUS

    2013-07-25T00:00:00Z

    July 25 - Netherlands headquartered Amarcon - a member of the ABB Group - has received an order for two OCTOPUS-Onboard motion monitoring systems from CJ Korea Express.

  • News

    Erickson expands with Air Amazonia

    2013-07-23T00:00:00Z

    July 23 - Oregon, USA headquartered Erickson Air-Crane has signed a definitive purchase agreement for Brazil based Air Amazonia Servi

  • News

    Intermarine names new md worldwide chartering

    2013-07-19T00:00:00Z

    July 19 - Heavy lift shipping line Intermarine LLC has appointed Ask Munck as managing director of worldwide chartering services on a permanent basis.

  • News

    The Friday Flyer - July 19th 2013

    2013-07-19T00:00:00Z

    Economic black clouds are being seen over two of the BRIC countries that could spell stormy weather for operators in the heavy lift and project cargo markets.

  • News

    Broekman buys TWO Chemical

    2013-07-17T00:00:00Z

    July 17 - Netherlands headquartered Broekman Group has acquired TWO Chemical Logistics from Emons Group.

  • News

    Kerry acquires Braservice

    2013-07-16T00:00:00Z

    July 16 - Hong Kong based global logistics services provider Kerry Logistics has acquired a minority stake in Braservice - a Brazil based logistics and Customs brokerage firm.

  • News

    The Friday Flyer - July 12th 2013

    2013-07-12T00:00:00Z

    Issue 33 of HLPFI has been put to bed and the various reports it contains suggest that whilst growth has slowed in the project cargo business in Australia, Canada and Korea, there are signs of recovery in the UK and renewed optimism about prospects in the

  • News

    DSV acquires Columbian agent

    2013-06-24T00:00:00Z

    June 24 - Denmark headquartered freight forwarder DSV has acquired its Columbian agent, Airmar Cargo S.A. in a move to further strengthen its foothold in South America.

  • News

    The Friday Flyer - June 14th 2013

    2013-06-14T00:00:00Z

    These are the best of times to be buying shipping capacity and the worst of times to be selling shipping capacity. That is the message from Global Shipping Industry

  • News

    Clipper Projects and Thorco Shipping merge

    2013-06-11T00:00:00Z

    June 11 - Clipper Projects and Thorco Shipping are set to merge and form one of the world's largest multipurpose/project shipping lines.

  • News

    Hicks takes on warehousing

    2013-06-10T00:00:00Z

    June 10 - UK-based Hicks Logistics is expanding into warehousing following the acquisition of an industrial unit next to its existing headquarters in South Wales, in a move which will see ten new staff join the company.

  • News

    The Friday Flyer - June 7th 2013

    2013-06-07T00:00:00Z

    In normal business cycles, some companies prosper and some companies fail. These are not normal business times so it is difficult to know whether STX Pan Ocean, South Korea's largest commodities shipping line, might have filed for court receivership even

  • News

    EIB funds Lithuanian Railways

    2013-06-03T00:00:00Z

    June 3 - The president of the European Investment Bank (EIB), Werner Hoyer, has signed a EUR50 million (USD65.2 million) loan agreement with Lithuanian Railways for the acquisition of new rolling stock.

  • News

    ASCO Singapore shareholders seeks to go it alone

    2013-05-31T00:00:00Z

    May 31 - Mangrove Holdings Pte Ltd has rejected an offer made by joint venture partner ASCO Holdings Ltd for the shares it holds in ASCO Freight Management Pte Ltd (ASCO Singapore) and says it has made a counter offer to acquire ASCO Holdings' majority sh

  • News

    Damco sees revenue and gross profit gains

    2013-05-23T00:00:00Z

    May 23 - Damco has reported a 6 percent year-on-year revenue increase in Q1 2013 to USD773 million; with gross profit growing 5.4 percent to USD195 million. However, earnings before interest and tax during Q1 2013 totaled USD9 million - down 30.7 percent

  • News

    Evergreen acquires five aircraft

    2013-05-20T00:00:00Z

    May 20 - Evergreen Helicopters - the wholly owned subsidiary of Portland, Oregon headquartered Erickson Air-Crane - has purchased five aircraft for USD10.1 million.

  • News

    Q1 slowdown at IAG

    2013-05-10T00:00:00Z

    May 10 - IAG Cargo - the air freight division of the International Airlines Group - has seen its revenue for Q1 2013 drop by 7.2 percent year-on-year to EUR270 million (USD350.9 million).

  • News

    Boskalis adds to management board

    2013-05-09T00:00:00Z

    May 9 - Dutch marine contractor Royal Boskalis Westminster held its annual general meeting on May 8, 2013.

  • News

    Hull Blyth makes African acquisitions

    2013-05-07T00:00:00Z

    May 7 - Ship agency specialist in West Africa, Hull Blyth, has acquired Mainport Africa Shipping and Kestrel Maritime in South Africa.