Mergers & Acquisitions News

 

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…

Aker Solutions Buys US Water De-oiling Company

Jan 03, 2013

Aker Solutions buys California-based Separation Specialists Inc., provider of produced water de-oiling products & field services.Aker consider that the acquisition will strengthen the international oil services company's position in the produced water de-oiling segment…

STX Europe Sells Norwegian Shipyard

Jan 02, 2013

STX Europe AS sells STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS.STX Europe completes the sale of all of the shares in its wholly owned subsidiaries STX Norway Florø AS and STX Norway Design Florø AS to Westcon Group AS…

US Joiner Acquires JCI Metal Products

Dec 31, 2012

Both companies supply needs of the marine equipment market in the commercial and defense sectors.JCI, headquartered in San Diego, CA with additional operations in Pearl Harbor, HI., is a leading provider of maintenance, repair and overhaul (MRO) services focusing on habitability…

Matson Acquisition Extends South Pacific Reach

Dec 26, 2012

Matson, Inc. agrees to acquire the primary assets formerly owned by Reef Shipping, a South Pacific shipping company based in Auckland, New Zealand.The assets to be acquired include four vessels and approximately 1,500 pieces of container equipment…

Logistics News

Wilson Sons Starts Testing Aerial Drone Deliveries at Brazilian Port

Wilson Sons Starts Testing Aerial Drone Deliveries at Brazilian Port

Canada Invests Over $17M to Modernize Halifax Port Authority's Infrastructure

Canada Invests Over $17M to Modernize Halifax Port Authority's Infrastructure

DP World Marks Record 8.3% Growth in Container Handling for 2024

DP World Marks Record 8.3% Growth in Container Handling for 2024

Lithuanian Port Goes Forward with Quay Reconstruction for Offshore Wind

Lithuanian Port Goes Forward with Quay Reconstruction for Offshore Wind

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