All Mergers and acquisitions articles – Page 9
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AF Marine launched
Deepsea towage operators Augustea Group and transport engineering specialist Fagioli have established a 50-50 joint venture, AF Marine.
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West P&I to acquire NMI stake
West of England P&I Club has signed an agreement to acquire a significant stake in Nordic Marine Insurance (NMI).
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ProLift acquires ARM
ProLift Rigging has acquired Advanced Riggers & Millwrights (ARM), a rigging and plant relocation company based in Riverside, California.
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CEE merges with Priority Cargo Network
Cargo Equipment Experts (CEE) and Priority Cargo Network – both part of the Quality Cargo Networks group – are merging their operations.
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SAAM acquires shares in Intertug
Sociedad Matriz SAAM has acquired a 70 percent stake in Intertug, a towage operator in Colombia, Mexico and Central America.
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Crosby expands with Feubo acquisition
The Crosby Group has acquired Germany-headquartered Feubo, a manufacturer of offshore mooring components for the oil, gas and wind energy markets.
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Barnhart plans Viant acquisition
Barnhart Crane and Rigging has entered into an agreement to acquire Viant Crane.
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Steelduxx starts operations
Antwerp-based Edmond Van Dyck & Sons and Aneka have officially merged their operations to create Steelduxx.
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Kuok moves ahead with POSH acquisition
PACC Offshore Services Holdings (POSH) has filed to leave the Singapore Exchange as the Kuok Group moves forward with its takeover.
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Entrec sells Canadian crane assets
Entrec Corporation has completed the sale of its Canadian crane business and assets to Sterling Crane, part of Marmon Crane Services, a Berkshire Hathaway company.
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Konecranes acquires remaining MHE-Demag shares
Konecranes will acquire Jebsen & Jessen’s shares in the MHE-Demag joint venture for approximately EUR147 million (USD163 million).
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EMS and Prangl plan collaboration
EMS-Fehn-Group and Prangl will strengthen their cooperation and team up on selected projects.
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Peinemann acquires G. van Harten
Peinemann Mobilift Group has acquired industrial relocation specialist G. van Harten.
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POSH establishes JV in Taiwan
PACC Offshore Services Holdings (POSH) has incorporated a joint venture that will provide transportation and forwarding solutions, as well as marine services, including owning, chartering and managing vessels.
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K+N buys Rotra overland business
Kuehne + Nagel (K+N) has acquired the overland and logistics activities of the Netherlands-headquartered Rotra.
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Transcargo to rebrand
Two years after it was acquired by Freja Transport & Logistics, Poland’s Transcargo will undergo a rebranding to align with its parent organisation.
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Kerry buys ASAV shares
Kerry Logistics has acquired a majority interest in Turkey’s Asav Lojistik Hizmetleri Anonim Sirketi (ASAV).
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DKT and S&H establish JV
Antwerp-based De Keyser Thornton (DKT) and Rotterdam’s Slavenburg & Huyser (S&H), both part of the Naxco Group, have formed an industrial projects and chartering joint venture.
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Bishop Lifting on the acquisition trail
Bishop Lifting Products has acquired Louisiana Crane & Electrical Services.
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Röhlig expands international footprint
Röhlig has acquired the remaining shares in its Mexican joint venture and now operates in the country independently.