Mergers & Acquisitions News

 

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…

Boskallis' Wooing of Dockwise Culminates in Success

Feb 13, 2013

Dockwise supports combination with Boskalis and recommends the Boskalis Offer to shareholders.Extracts from the Dockwise statement follow:The Board of Directors of Dockwise has unanimously resolved to support the combination of Dockwise…

Damen Shipyards Group acquires Shipdock

Feb 08, 2013

As of this week, Damen Shipyards Group is the new owner of Dutch ship repair yard Shipdock. Shipdock, a well-known shipyard group with roots dating back to 1877, operates facilities in Amsterdam and Harlingen. The yard will continue its ship repair and conversion services…

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…

Logistics News

FMC Collects $1,350,000 in Penalty Payments

FMC Collects $1,350,000 in Penalty Payments

SC Ports Sees Dip in Imports, State Economic Development Remains Strong

SC Ports Sees Dip in Imports, State Economic Development Remains Strong

Tackling Port Congestion with Visibility and Flexibility

Tackling Port Congestion with Visibility and Flexibility

DCSA Publishes Verified Gross Mass (VGM) Standard to Accelerate Digitalization of Container Weight Verification

DCSA Publishes Verified Gross Mass (VGM) Standard to Accelerate Digitalization of Container Weight Verification

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