Mergers & Acquisitions News

 

WTS Acquires Tankship & Rig Inert Gas Provider

Apr 11, 2013

Wilhelmsen Technical Solutions AS (WTS) acquires Maritime Protection AS,  strengthening its safety portfolio for the marine & offshore segments. WTS has signed an agreement to acquire 100% of the shares in Maritime Protection AS (MP). Subject to certain conditions…

UK Subsea Equipment Firm Sells US Instruments Business

Apr 08, 2013

Ashtead Technology, announces the sale of its North American Instruments business.The Instruments business, which specialises in the rental of onshore environmental monitoring, non-destructive testing and visual inspection equipment, has been…

Konecranes to Collaborate with KION Group

Apr 05, 2013

Konecranes to buy certain assets of the container handling truck business of KION Group-owned Linde Material Handling.    •    Konecranes to acquire certain assets of the container handling truck business of KION Group’s Linde brand    •…

Lineage Logistics Acquires Seattle Cold Storage

Apr 03, 2013

Lineage Logistics, a warehousing and logistics company sponsored by Bay Grove Capital LLC, announced today that it has acquired the assets of Seattle Cold Storage (SCS) and its facilities located in the Port of Tacoma and Algona, WA. The acquisition…

Bureau Veritas Acquires Another NDT Firm

Apr 03, 2013

Classification society BV acquire  LVQ-WP, a German group specializing in non-destructive testing (NDT) and industrial inspection services. Founded in 1994, LVQ-WP is headquartered in Muelheim in the Rhein-Ruhr area, which is a strategic industrial cluster in Germany…

Hapag-Lloyd – Hamburg Süd Merger Put on Ice

Mar 26, 2013

The shareholders of Hapag-Lloyd and Hamburg Süd have jointly concluded to discontinue talks temporarily.Hamburg Süd say they do not wish to comment publicly on the subject matter of the points under discussion. It does, however, expressly…

Safariland Group Acquires Mustang Survival

Mar 25, 2013

The Safariland Group, a  manufacturer of protective products and equipment primarily for law enforcement and the military, has acquired Mustang Survival and its related entities, Mustang Survival Inc. and Mustang Survival Mfg., Inc. (collectively…

GL Garrad Hassan Advise on Offshore Windfarm Transmission

Mar 25, 2013

GL Garrad Hassan was technical adviser to Mitsubishi Corporation (MC) on their recent acquisition of a 49% stake in the BorWin1 and BorWin2 German offshore high-voltage, direct current (HVDC) links. The company acted as the sole technical…

Classification Society Further Expands its Role

Mar 15, 2013

Bureau Veritas to acquire Sievert Group, a leading provider of non-destructive testing & inspection services, notable for oil & gas pipelines work.Established in 1986, Sievert has developed a comprehensive suite of services meeting the needs of industrial sectors…

China COSCO to Sell Subsidiary to China Ocean Shipping

Mar 14, 2013

China Cosco plans to sell Cosco Logistics to state-backed parent company China Ocean Shipping. The unit may be valued at about seven billion yuan, and the company is also considering selling other assests to China Ocean to raise as much as an additional 20-billion yuan…

Teledyne Completes Acquisition of RESON

Mar 07, 2013

Teledyne Technologies Incorporated announced today that it has completed the acquisition of RESON. RESON, headquartered in Slangerup, Denmark, provides high-resolution marine acoustic imaging and measurement solutions. The acquired company will operate under the name Teledyne RESON…

Aker Acquire Specialized Drilling Firm

Feb 27, 2013

Aker Solutions acquires managed pressure drilling specialist Managed Pressure Operations (MPO).Managed Pressure Operations International, Ltd. (MPO) is a company that has successfully developed the next generation of continuous circulation…

Recently Acquired Dockwise Did Well in 2012

Feb 25, 2013

Dockwise publish audited annual accounts for 2012, having earlier published an unaudited version.The unaudited 2012 results were first disclosed as part of the publication by Dockwise of the Q4 2012 results on 13 February 2013.Performance…

Greek Investment Company Closes Assetplus Purchase

Feb 14, 2013

Nautilus Marine Acquisition Corp. announce closing the purchase of Cypriot vessel owner Assetplus Ltd., & expiry of its tender offer.Greece's Nautilus Marine Acquistion describes itself as a newly-organized 'blank check' company (meaning that…

Kobelt Manufacturing Acquired by Private Equity Firm

Feb 14, 2013

Kobelt enters a new era with retirement of Jack Kobelt and acquisition of company by US investment company Bow River Capital Partners.Jack Kobelt founded Kobelt Manufacturing from his basement in 1962, developing unique, hand-engineered components for the marine industry…

Logistics News

Höegh Autoliners Orders Customized Simulators from Kongsberg Digital

Höegh Autoliners Orders Customized Simulators from Kongsberg Digital

Houthis Claim Attack on Four Ships at Israel's Haifa Port

Houthis Claim Attack on Four Ships at Israel's Haifa Port

Fire Suspends Sugar Loading at Tiplam Terminal in Brazil's Santos Port

Fire Suspends Sugar Loading at Tiplam Terminal in Brazil's Santos Port

Houston Container Volumes Up 21% in May

Houston Container Volumes Up 21% in May

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