All Mergers and acquisitions articles – Page 51
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Port of Longview increases industrial property
October 25 - The Port of Longview has bid successfully for 306 acres (123.8 ha) of undeveloped property near the port's existing facility on the Columbia River, almost doubling the port's existing 437 acres of industrial property, which is near capacity a
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Europeans on the march in Asia
October 22 - Rhenus AG & Co. KG has signed an agreement with the Pro-Log Group based in Asia to acquire a majority shareholding in the group. This will enable Rhenus to further consolidate its own network in Asia.
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Eide adds floating crane
October 21 - Eide Lift 6 is the new name of the floating crane which Eide Marine Services has purchased from Aker Marine Contractors.
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DSV expands to South Africa
October 11 - DSV Air & Sea Holding A/S (DSV) has established a South African subsidiary , which has concluded an agreement on the acquisition of the business activities of Transmedit Forwarding (Proprietary) Ltd, which currently is agent for DSV in South
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Beluga-Intermarine: rumours fly following report of takeover
September 17 - Tongues are wagging in the heavy lift shipping sector, following reports in the German national media that Beluga is set to make a spectacular, million-dollar bid for US rival, Intermarine.
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New Board for SMIT
September 10 - A new Board of Directors has been established for SMIT, in connection with with the recent SMIT-Boskalis merger, consisting of four members and replacing the Management Board as well as the Stratcom.
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Acquisition and partnership in Puerto Rico for Crowley and Islandwide
September 9 - Project and heavy lift cargo operations are likely to be part of the value-added services provided to customers in Puerto Rico, following Crowley Maritime Corporation's logistics group acquisition of Islandwide Air and Ocean and agreement wi
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Mammoet Maritime acquires multi-purpose pontoon
September 8 - Netherlands-based heavy lift operator Mammoet Maritime has expanded its fleet with the acquisition of a seagoing Schelde multi-purpose pontoon.
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GAC boosts presence in the Baltic region with strategic acquisition
September 2 - The GAC Group has strengthened its Baltic Sea region coverage with the acquisition of leading Finnish ship agent John Nurminen Navis (JNN). The company has been rebranded as GAC-Nurminen Navis.
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GAC acquires Finnish ship agency
September 1 - The GAC Group says it has strengthened its presence in the Baltic Sea region with the acquisition of Finnish ship agent, John Nurminen Navis Oy.
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Boskalis posts strong result amid challenging market conditions
August 19 - Royal Boskalis Westminster NV realised a net profit of EUR123.9 million (USD159.3) in the first half of 2010, up from EUR102.7 million (USD132.1) in the first half of 2009.
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Toll re-brands in China
August 16 - The Australian-based Toll Group has launched a fully-owned and operated contract logistics operation in China after its integration into the Toll Global Logistics division.
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ASCO takeover targets Norway energy sector
August 10 - The ASCO Group has acquired a Norwegian freight forwarder in a bid to target the local energy sector.
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Geodis Wilson in Atlanta facility expansion
August 6 - Global freight forwarder Geodis Wilson has expanded its operations in Atlanta, USA into a new, larger, state-of-the-art facility.
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G'day as Aussie mining plant shipped to DRC
July 26 - An Australian gold processing plant purchased by Canadian mining company Banro for dismantling and reassembly in the Democratic Republic of the Congo (DRC) has begun arriving on site in the DRC.
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BDP acquisition in Spain will handle project cargoes
July 12 - Whilst project cargoes are not the main competency of BDP International's recently acquired Spanish company Euromodal SA, Arnie Bornstein executive director - Marketing & Corporate Communications said that the company's project logistics arm wil
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Toll Group on acquisition trail
July 9 - Integrated logistics company, Toll Group is continuing on the acquisition trial and is acquiring WT Sea Air Group (WT) and Genesis Forwarding Group (Genesis), writes Alice Davidson.
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Latest rumour regarding restart for An-124 production
June 23 - Staff at HLPFI don't know what is more repetitive. Watching the England football team struggle through the group stage of a World Cup final (thank goodness for John Terry's backside), or anticipating news that the manufacture of the AN-124 is ab
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Acergy and Subsea 7 to merge
June 22 - In the first major consolidation in the oil services sector since the disaster in the Gulf of Mexico raised concerns of a regulatory clampdown on deepwater drilling activity, Acergy and Subsea 7 have agreed a USD5.4 billion merger.
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Boom Logistics issues ststement on takeover rumours
June 11 - In Australia, Boom Logistics has issued a formal statement in response to rumours of a takeover bid from special transport, lifting and services group McAleese Transport and Archer Capital.