Mergers & Acquisitions News

 

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…

Fincantieri to Take Controlling Interest in STX Offshore

Dec 20, 2012

Fincantieri signs agreement for the acquisition from STX Europe of 50.75% of STX OSV, leading offshore vessel constructors.With 21 shipyards in 3 different continents, nearly 20,000 employees and revenues of Euro 4 billion, the Fincantieri Group is doubling its size…

Damen Acquires French Ship Repair Yard

Dec 19, 2012

As of this week, Damen Shipyards Group is the new owner of French shiprepair yard Arno Dunkerque, the only operator for ship repair and conversion in the 3rd largest French port, Dunkirk. The yard will continue its ship repair and conversion services…

Stewart to Lead EnerMech Expansion

Dec 14, 2012

EnerMech has signalled it’s about to step up international expansion with the appointment of mergers and acquisitions expert Ingrid Stewart. Mrs Stewart has joined the mechanical engineering group from investment bank Simmons & Company International…

Gas Turbine Manufacturing Unit Acquired by MHI

Dec 13, 2012

MHI (Mitsubishi Heavy Industries) acquires Pratt & Whitney Power Systems'  'Small & Medium-size Gas Turbine' business unit.Mitsubishi Heavy Industries, Ltd. (MHI) concludes an agreement with United Technologies Corporation (UTC) of the U…

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

Subscribe for Maritime Logistics Professional E‑News

Emirates and Safran Sign Deal for Aircraft Seat Plant in Dubai
US airline group asks Congress to pay controllers for future shutdowns
Amtrak, the US passenger rail company, sets a record for ridership and cuts losses