All Mergers and acquisitions articles – Page 53
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Topaz secures USD42m financing
December 21 - Topaz Energy and Marine has raised USD42 million from Standard Chartered Bank, Dubai in support of its fleet expansion plans, taking its total financing raised in 2009 to USD150 million, the lion's share of which has been deployed to support
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Nordic Heavy Lift sheds contracts for Borealis construction
December 17 - Rotterdam-based Nordic Heavy Lift (NHL) has sold the construction contracts for the heavy lift crane ship Borealis to a subsidiary of London-based Acergy Group, the seabed-to-surface engineering and construction contractor to the offshore oi
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Funding in place for Smit acquisition, says Boskalis
December 17 - Royal Boskalis Westminster has announced that financing of its intended public offer of EUR60 per share (cum dividend) for Smit Internationale is now in place.
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Inmarsat activates 5,000th Fleetbroadband terminal
December 16 - Inmarsat (LSE: ISAT), a provider of global mobile satellite communications services, has activated the 5,000th FleetBroadband terminal.
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Boskalis - Smit merger on track
December 9 - Royal Boskalis Westminster in The Netherlands says good progress is being made in preparation for the merger of the company with Smit Internationale NV (Smit).
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Rickmers-Linie names Brunoni as Swiss agent
December 8 - Rickmers-Linie, the breakbulk, heavylift and project cargo specialist headquartered in Hamburg, has appointed Zurich-based O Brunoni SA as its Swiss agent with effect from 1 January 2010.
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Boskalis and Smit announce merger
November 12 - Royal Boskalis Westminster nv (Boskalis) and Smit Internationale nv (Smit) have reached agreement on a full merger of the two companies, whereby all the activities of Smit will be continued in the combined company (the Group).
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Toll completes hat-trick of 2009 acquisitions
November 9 - Australian-based Toll Group has acquired Logistic Distribution Systems (LDS), one of the leading privately-owned international freight forwarding companies in the United Arab Emirates (UAE).
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DSV drops interim name to return to old identity
October 12 - Just 13 months after the corporate merger of DSV Air & Sea and ABX Logistics Air & Sea, described at the time by mangers as "the perfect match", the expanded company will now officially be known, with immediate effect, as DSV Air & Sea GmbH.
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Boeing approached with large B747-8F order
October 12 - Global HeavyLift Holdings a Florida-based, US Defense Logistics Agency-listed air transport provider with offices in Michigan and Chicago, is putting forward the submission of an RFP (Request For Proposal) to Boeing outlining a requirement fo
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Share issue for Tiong Woon
October 8 - Up to 34 million ordinary shares are to be issued by Tiong Woon Corporation (TWC) raise funds for the acquisition of more heavy lifting equipment.
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Agility Norway adds air and oceanfreight services
August 25 - Agility is adding air and oceanfreight forwarding operations to the service portfolio offered by its branch in Norway.
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Cargotec merges Hiab and Kalmar; renames business areas
August 18 - Following the recent merger of its Hiab and Kalmar business activities, Cargotec has formed two business areas: Marine, which comprises current MacGregor business area, and Industrial and Terminal, which comprises current Hiab and Kalmar busin
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Rickmers-Linie establishes UK liner agency
August 11 - Hamburg-headquartered Rickmers-Linie GmbH & Cie KG, specialist in the transport of breakbulk, heavy lift and project cargoes, and Escombe Lambert Holdings Ltd have established a new liner agency company in the UK, Rickmers-Linie Agency Ltd.
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Dockwise Yacht Transport to join forces with Yacht Path International
July 30 - Dockwise's wholly owned subsidiary Dockwise Yacht Transport (DYT) is to merge with Yacht Path International Inc to create a new force in premium yacht transport.
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Terex finalises Fantuzzi deal.
July 29 - Terex Corporation has completed the acquisition of the port equipment businesses of Fantuzzi Industries and Noell Crane for around Euros 155 million.
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Kuehne + Nagel doesn't expect market recovery just yet
July 20 - Kuehne + Nagel says that its half-year results confirm the Group's dual strategy of counteracting the economic crisis through strict cost management and a commitment to market share expansion.
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Trafinsa becomes Agility in Mexico
June 3 - Agility Logistics has acquired its longstanding partner in Mexico, Trafinsa, plus the company's US affiliate, Trafinsa International, to strengthen its presence in the country.
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Northern Stevedoring Services makes strategic acquisition down under
May 8 - Queensland stevedoring company Northern Stevedoring Services (NSS) has acquired equipment hire company S. Colborne Equipment Hire. NSS has sourced equipment from S. Colborne for over a decade.
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Chapman Freeborn announces new shareholder structure
May 5 - The Chapman Freeborn Group, the world's largest air charter broker, has introduced a new shareholder structure that will take over from current directors in moving the company forward and ensuring future growth.