Mergers & Acquisitions News


CMA CGM Completes New York Terminals Acquisition

Sep 01, 2023

CMA CGM announced it has finalized its acquisition of two container terminals in the Port of New York and New Jersey as the France-based shipping and logistics group grows its supply chain presence in the United States.The company announced in December 2022 that it struck a deal to acquire the Bayonne and New York terminals from Canada's Global Container Terminals (GCT). Terms of the transaction were not disclosed…

BSG Acquires Maritime Software Company

Sep 21, 2023

Bleecker Street Group (BSG), a global software holding company, announced the acquisition of Ripple, an integrated maritime software company. The acquisition underscores BSG's commitment to the maritime sector, solidifying its position as an…

The Marcura Group Acquires ShipServ

Aug 29, 2023

The Marcura Group signed a definitive agreement to acquire ShipServ, a maritime online procurement platform and marketplace. ShipServ’s 126 employees will come together with Marcura’s 850 to serve a combined customer base of 800 maritime customers and a network of 47…

Crowley Acquires Tamarind Consolidated

Jun 30, 2023

U.S. based shipping and logistics company Crowley announced it has acquired Tamarind Consolidated, a logistics services company serving the U.S. to the British Virgin Islands.The acquisition will transition Tamarind’s operations and services…

Carrix to Acquire Ceres Terminals

Jun 26, 2023

Marine terminal operator Carrix announced it has agreed to purchase Ceres Terminals from Macquarie Infrastructure Partners III, a fund managed by Macquarie Asset Management. Financial terms of the transaction were not disclosed.Ceres was established…

DNV Acquires Nixu

Jun 20, 2023

DNV will acquire Helsinki-headquartered cyber security services firm Nixu following a public tender offer which resulted in DNV taking ownership of more than 93% of Nixu’s shares. DNV will combine its cyber security businesses with Nixu following…

Bunge Finalizing $30 Billion-plus Merger with Viterra

Jun 09, 2023

U.S. grains merchant Bunge Ltd is putting the final touches on a deal to merge with Glencore Plc-backed peer Viterra and create an agricultural trading giant worth more than $30 billion, including debt, people familiar with the matter said on Thursday…

NORDEN to Acquire the Thorco Projects Business

May 26, 2023

Danish shipping company NORDEN announced Friday it has entered into an agreement to acquire the Thorco Projects business, providing access to new customers within the general cargo segment such as break bulk, steels and wind energy.Denmark-based Thorco Projects…

Malaysian Tycoon Weighs Selling a Stake in $2.7 Billion Port Business

May 22, 2023

Malaysian tycoon Syed Mokhtar Al-Bukhary is looking at bringing in an investor into MMC Port Holdings - a deal that could value the country's biggest port operator at more than 12 billion ringgit ($2.7 billion), two people with knowledge of the matter said…

Macquarie Expects $1 Billion from Sale of US Port Terminal Operator Ceres

May 09, 2023

Australia's Macquarie Group Ltd is looking to sell its North American port facilities business, Ceres Terminals, for about $1 billion, the Wall Street Journal reported on Tuesday citing sources familiar with the matter.The financial conglomerate…

Stena Line Acquires Ferry and RoRo Port Operations in Ventspils

May 09, 2023

Stena Line announced on Tuesday that it has acquired the operations of the ferry and RoRo terminals in the Port of Ventspils, Latvia, representing the latest in a range of investments in the Baltic region, including the addition of upgraded ferries and new ferry routes…

CMA CGM to Buy Bollore Logistics Unit for $5.5 Billion

May 08, 2023

French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the two companies said on Monday.CMA CGM granted the Bollore group an option to sell it the logistics business…

CMA CGM Offers $5.5 Billion for Bollore Logistics Unit

Apr 18, 2023

French shipping group CMA CGM is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday.For Bollore a deal would mean cutting ties with its biggest business while offering cash…

Enstructure Acquires Richardson Companies

Mar 20, 2023

U.S. marine terminal and logistics company Enstructure announced Monday that it has acquired Richardson Companies, a terminal and logistics company with primary operations in  Port Houston and the Port of Mobile.Richardson handles a diverse mix of breakbulk cargoes…

Wilhelmsen Completes Vopak Agencies Acquisition

Feb 22, 2023

Wilhelmsen Port Services has completed its acquisition of Vopak Agencies first announced in October 2022.Vopak Agencies, which has now become a Wilhelmsen group company, is a specialist within both hub services and port agency in the tanker…

Logistics News

BSG Acquires Maritime Software Company

BSG Acquires Maritime Software Company

US' MARAD Announces Grants to Boost Supply Chain Efficiency

US' MARAD Announces Grants to Boost Supply Chain Efficiency

PortLiner to Construct Electrolyte Bunkering Station in Hartelkanaal

PortLiner to Construct Electrolyte Bunkering Station in Hartelkanaal

Rotterdam and Singapore Ports Team Up to Slash Emissions

Rotterdam and Singapore Ports Team Up to Slash Emissions

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