Mergers & Acquisitions News

 

New Company's Bulker Design Saves Fuel

Feb 04, 2013

Finnish ship designer Foreship's new company, Foreship Bluetech, announce an economical bulk ship design series.Foreship BlueTech Ltd. is a company founded by Foreship Ltd. and key employees of BlueTech with Foreship Ltd. as the largest shareholder…

Merger Creates UK's Largest Independent Ship Repairer

Jan 29, 2013

Burgess Marine acquire Testbank Ship Repair, making them the country's largest independent in the ship repair business.Burgess Marine, headquartered in Dover and with sites in Poole and Portsmouth’s naval base, has acquired Testbank Ship Repair…

Aker Solutions Acquire UK Subsea Company

Jan 29, 2013

Aker Solutions has agreed to acquire a majority stake in Aberdeen-based Enovate Systems Ltd.Enovate Systems Limited is a leading technology company within the subsea well control equipment sector. The financial details of the acquisition are undisclosed…

Finacantieri STX OSV Acquisition Completed

Jan 23, 2013

Fincantieri subsidiary Fincantieri Oil & Gas S.p.A., completes acquisition, intend to buy more shares.This acquisition marks Fincantieri's entry into a market segment complementary to its current ones. With 21 shipyards in 3 different continents…

Nautilus Marine Extends Acquisition Tender Offer

Jan 22, 2013

Nautilus Marine Acquisition Corp. extends its tender offer for Assetplus Ltd. until end of January 2013.The completion of the tender offer is a condition to Nautilus' previously announced acquisition of Assetplus Limited. The extension is…

AAM Shipyard CEO Buys Out Founding Partner

Jan 22, 2013

CEO, Matthew Mullett, acquires complete control of All American Marine from founder partner Pat Pitsch. Mullett joined AAM as CEO in 1999 and has served as the managing partner of the shipyard since he became co-owner in 2003.  Under Mullett’s leadership…

Blumenthal Acquires Majority Stake in Terresolve

Jan 22, 2013

Blumenthal Holdings, Radiator Specialty Company (RSC) LLC owners, acquire a majority stake in Terresolve Technologies, Ltd. Terresolve Technologies, LTD, is a leading manufacturer of biobased hydraulic and functional fluids and lubricants for the offshore marine…

Norddeutsche Vermögen Group and CONTI Group Merge

Jan 22, 2013

Norddeutsche Vermögen Group, Hamburg, and CONTI Group, Munich, have agreed to appoint Messrs. H. Schuldt Shipbrokers for the joint marketing of their container fleets as from January 2013.  The CONTI Group will acquire a 50% share of H…

Trelleborg Acquires LNG Ship Safety Specialist

Jan 17, 2013

Trelleborg makes acquisition within the marine docking and mooring solutions business sector.Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement and finalized the acquisition of Sea Systems Technology Ltd…

Safety Training Organizations Unite

Jan 10, 2013

Falck Alford announced it has completed the acquisition of Occupational Safety Training, Inc., a player in safety services within the gulf coast region.Falck Alford, a company focused on continuously building diversified safety solutions…

SKF Group to Acquire Blohm+Voss

Jan 09, 2013

SKF of Sweden is to acquire German ship components provider Blohm + Voss Industries (BVI) from Star Capital Partners. Blohm + Voss Industries is a manufacturer of equipment for critical marine applications, including shaft components (seals and bearings)…

Boskalis Says Funding in Place for Dockwise Acquisition

Jan 08, 2013

Boskalis states it has financing in place to make an all cash voluntary public offer for all ordinary shares of Dockwise.With reference to the press release of 21 December 2012 in which Boskalis announced its decision to make an all cash…

GEG Promotes Dumba

Jan 08, 2013

Greene’s Energy Group (GEG), a  provider of integrated testing, rentals and specialty services, has promoted Maury Dumba to Senior Vice President of Business Development, announced CEO Bob Vilyus.Dumba, who is based in Houston, previously…

Zodiac Recreational Acquired by OpenGate Capital

Jan 08, 2013

OpenGate Capital, LLC, a private investment and acquisition firm, acquires Zodiac Recreational from Zodiac Marine & Pool.Zodiac Recreational designs, manufactures and distributes inflatable and Rigid Inflatable Boats (RIBs). Zodiac is a recognized…

Lehman Acquires IMECO

Jan 06, 2013

J.F. Lehman & Company investment affiliates acquire AMECO, provider of electro-mechanical solutions to the defense, aerospace and maritime sectors.IMECO, based in Iron Mountain, MI, is a leading independent domestic provider of turnkey marine electro-mechanical solutions for U…

Logistics News

Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks

Compromise Agreements Yield over $2.3 Million in Penalties

Compromise Agreements Yield over $2.3 Million in Penalties

Antwerp Euroterminal Readies Shore Power Facility

Antwerp Euroterminal Readies Shore Power Facility

US Regulator Seeks New Emissions Data from Venture Global LNG

US Regulator Seeks New Emissions Data from Venture Global LNG

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