Achilles Information Ltd (“Achilles”) announced that it has acquired the assets of Global Risk Management Solutions (GRMS), a provider of supplier risk management programs based in Irvine, California. This latest transaction builds on the success…
Crowley expanded its harbor services capabilities through the acquisition of Main Line Inc., a vessel mooring company based in Seattle, effective January 1, 2025.Main Line is a longtime provider of vessel mooring services in the Pacific Northwest for ship operators…
Trelleborg Marine & Infrastructure, a provider of engineered polymer and technology solutions for the marine, infrastructure, and energy industries, has signed and finalized an agreement to acquire Mampaey Offshore Industries. The acquisition…
Delmar Systems AS announced it has acquired IKM Mooring Services, expanding its footprint in Norway.As part of the acquisition, Delmar Systems will integrate IKM Mooring Services' operations into its existing framework.'We are excited to welcome…
French shipping giant CMA CGM plans to launch a full takeover bid for port terminal operator Santos Brasil after it agreed to buy a 48% stake in the company, it said on Monday as it further expands its grip on global shipping infrastructure…
Adani Ports and Special Economic Zone said on Friday it will buy a majority stake in an offshore support vessel operator for $185 million, expanding its fleet and diversifying beyond port operations.Astro Offshore, in which Adani Ports will buy an 80% stake…
GAC Group announced it has entered into an agreement with Quadrant Pacific to acquire its agency business, formerly its network partner in New Zealand.Since its establishment in 2008, GAC New Zealand has operated in partnership with Quadrant Pacific…
Port agency and marine services company Inchcape Shipping Services on Monday announced it has acquired Grieg Logistics AS from the Grieg Group, strengthening its presence in the NordicsUnder the new ownership, Grieg Logistics will continue to…
DP World on Monday announced it has completed its acquisition of Savan Logistics, which operates the Savannakhet dry port in the Savannakhet Special Economic Zone (SEZ) in Laos, the first SEZ in the country. Savan Logistics has been operating the dry port since 2016…
Danish shipping and logistics firm DFDS said on Tuesday it has agreed to buy the international transport network of Turkey's Ekol Logistics for 1.9 billion crowns ($277 million) and lifted its sales growth forecast for the year.The network connects…
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired AMMCON Corp., a Jacksonville- based fittings and assembled components manufacturer. The defense contractor’s acquisition continues its…
Iridium Communications has entered into an agreement to acquire Satelles, Inc., a leader in secure satellite-based time and location services that complement and protect GPS and other GNSS-reliant systems. The service, named Satellite Time and Location (STL)…
France's CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever acquisition, and said it had funds for more deals as it seeks to counter volatility in container shipping.The acquisition of the logistics division of French conglomerate Bollore…
The EU Commission on Friday said it had cleared the acquisition of the logistics operations of conglomerate Bollore by shipping group CMA CGM, subject to a number of conditions proposed by the companies.The commission, which oversees competition policy in the 27-nation European Union…
A global alternative investment firm Strategic Value Partners has entered into agreement with Hornblower Group to acquire the majority ownership of the company in exchange for significant equity investment. As part of the agreement, Crestview Partners retained minority ownership in the business…