Mergers & Acquisitions News


GLDD Sells Historic Demolition Business

Apr 25, 2014

Largest provider of dredging services in the United States, Great Lakes Dredge & Dock Corporation (GLDD) informs it has completed the sale of NASDI, LLC and Yankee Environmental Services, LLC, its two subsidiaries that comprise the historical demolition business…

Greencarrier Meges Organizations in Norway

Apr 23, 2014

Greencarrier AB, which until now has operated as two separate organizations in Norway for its freight forwarding and logistics activities, has decided to merge them as one entity. The new combined organization will form a part of the Greencarrier Freight Services division…

Long Beach Dismisses Proposed Los Angeles Merger

Apr 11, 2014

A proposal by the LA 2020 Commission to merge the ports of Los Angeles and Long Beach – the two busiest container ports in the US – has been slated by Long Beach leaders for being “condescending and disrespectful”. The Commission made the recommendation in its A Time for Action report…

Buyout Groups Bid for GEA Heat Exchangers Unit

Apr 04, 2014

Two buyout groups have made final offers for the heat exchangers division of German industrial machinery and process engineering group GEA , one of which could be picked for exclusive talks within days, three people familiar with the matter said…

Risk Intelligence Acquires CUSTOS

Apr 03, 2014

The Denmark-based security advisory and intelligence company Risk Intelligence has acquired the Danish security advisory firm CUSTOS. The acquisition will result in a widening and strengthening of Risk Intelligence expertise for shipowners, offshore…

Bishop Lifting Acquires Delta Rigging & Tools

Mar 28, 2014

SBP Holdings, through its wholly owned subsidiary Bishop Lifting Products, has completed the acquisition of Delta Rigging & Tools headquartered in Houston, Texas.Bishop Lifting Products and Delta Rigging & Tools specialize in the fabrication and distribution of slings…

Energy Growth Fuels Transactions

Mar 17, 2014

North America’s energy revolution is starting to have a profound impact on the maritime and offshore sectors.North America is undergoing a gradual revolution in energy production, and the transformation has begun to have a profound impact on the maritime and offshore sectors…

Sureclean Added to NRC Group

Mar 10, 2014

National Response Corporation (NRC) announced the completion of a deal which sees U.K.-based Sureclean Limited become part of the NRC group. NRC is a global provider of diversified environmental, industrial and emergency response solutions…

Bibby Travel Buys GAC Travel

Mar 03, 2014

Bibby Travel announced the acquisition of GAC Travel Limited with effect from March 1, 2014. The deal will see GAC Travel integrated within Bibby Travel, a trading division of Bibby Ship Management Ltd in western Europe.Ed Rimmer, Chief Executive Officer…

North P&I, Sunderland Merge to Form North Group

Mar 03, 2014

North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) merged to form the North Group on Friday 28 February 2014 following approval by the Bank of England’s Prudential Regulatory Authority and other U…

Conquest to Use MirTac and StarIPS Software

Feb 26, 2014

Maritime consultancy firm MirTac announced that Conquest Offshore has purchased the Star software and related database and implementation services. Conquest Offshore will be implementing the maintenance, purchase and safety management software both in the office as well as onboard its fleet…

3 Phoenix Acquired by Ultra Electronics

Feb 20, 2014

The McLean Group announced that it acted as the exclusive mergers and acquisitions (M&A) advisor to 3 Phoenix, Inc. (3 Phoenix) in its sale to Ultra Electronics Holdings plc (Ultra) for an initial cash consideration of $70 million. Additional…

Lloyd’s Register Energy Offers O&G Insight

Feb 11, 2014

Lloyd's Register Energy provides insight into operational integrity at the 2014 Australasian Oil & Gas Exhibition and Conference, February 19-21. The event will showcase Lloyd’s Register Energy’s (LRE) capability in the oil and gas sector…

North P&I and Sunderland Marine to Merge

Jan 29, 2014

The members of North of England P&I Association (North) and Sunderland Marine Mutual Insurance Company Limited (SMMI) have voted in favor of the clubs' recent proposals to merge. A target date of February 21, 2014 has been set for the merger…

AWT Shares Acquired by StormGeo

Jan 28, 2014

Applied Weather Technology, Inc. (AWT) announced the conclusion of an agreement with weather specialist company StormGeo under which the full shareholders stock in the company has been acquired by Norwegian based StormGeo A/S .Following the acquisition…

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