Mergers & Acquisitions News

 

Fugro's Geoscience Division Acquired by CGGVeritas

Sep 25, 2012

CGGVeritas announces acquisition of Fugro’s Geoscience Division (excluding its Multi-Client library and nodes businesses) & the creation of strategic partnerships.With this agreement, CGGVeritas will become a fully integrated Geoscience…

Sembcorp Plants UK Footprint

Sep 18, 2012

Sembcorp Marine (SMOE) acquires, from Smulders Group, SLP Engineering Limited (SLP) based in Lowestoft, UK.SLP  will be renamed Sembmarine SLP Limited (Sembmarine SLP) and will be held through newly incorporated company Sembmarine North Sea Limited (Sembmarine North Sea)…

US Logistics Giant Takes Over Polish Company

Sep 10, 2012

C.H. Robinson Worldwide has agreed to acquire Apreo Logistics S.A. (“Apreo”), a leading freight forwarder based in Warsaw, Poland.Founded in June of 2007, Apreo provides truckload services including dry van and temperature controlled and liquid and dry bulk capabilities…

Cavotec Acquires Combibox Systems

Sep 05, 2012

Sweden's Cavotec Group strengthens customer base with acquisition of ground support equipment manufacturer Combibox, also of Sweden.Cavotec explains their success at generating added value for customers and the Group by applying technologies…

Kirby Corp. to Acquire Allied Transportation

Sep 04, 2012

Kirby Corporation agrees to purchase assets of Allied Transportation Company, a subsidiary of Allied Marine Industries, & two affiliated companies. Kirby Corporation, based in Houston, Texas, is the nation's largest domestic tank barge operator…

Blast-One Acquires Tecor Finishing Solutions

Sep 03, 2012

Blast-One International expands into Minneapolis with expectations of increasing employment opportunities in the next six months.  Blast-One International is proud to announce its acquisition of Minneapolis-based Tecor Finishing Solutions…

Technip Acquires Stone & Webster

Sep 02, 2012

Technip acquires Stone & Webster process technologies & associated oil & gas engineering capabilities from the Shaw Group.Technip paid cash consideration of around €225 million from existing cash resources, which will be subject to customary price adjustments…

Drew Marine Funded to Acquire Chemring’s Rescue Division

Aug 30, 2012

Babson Capital provides US$12-million In subordinated debt to support Drew Marine acquisition of Chemring Marine Group’s Rescue Division.Babson Capital Management LLC, a global investment manager with $149 billion in assets under management and operations on four continents…

OMM Sells Personnel Agency

Aug 22, 2012

Offshore Marine Management Limited (OMM) will sell the assets of its recently-rebranded personnel supply business, Main Source Offshore People Limited (MSOP) to Atlas Services Group Energy Limited (Atlas).  The acquisition will see the transfer of assets including contracts and staff…

Heavy Lift Cargo Companies Merge

Aug 16, 2012

Intermarine & Scan-Trans unite to head for a leadership position in project & heavy lift cargo transportation.Danish Scan-Trans Holding A/S and U.S. based Intermarine, LLC announce a stock transaction. The two companies will create a platform…

China Shipbuilder Ponders Overseas Yard Acquisition

Aug 15, 2012

China Shipbuilding Industry Corp (CSIC) says it has had advanced talks with a European shipbuilder so far.Despite the travails of the lack of orders at home one of China’s shipbuilding majors is looking at taking advantage of the downturn…

GE to Acquire Norwegian Subsea Monitoring Provider

Aug 13, 2012

GE to acquire Naxys, supplier of leak detection & condition monitoring sensors for subsea applications.Naxys, is a Norway-based provider of subsea leak detection and condition monitoring sensors based on passive acoustic technology.The acquisition…

General Dynamics Completes Acquisition of Earl Ship Repair

Aug 02, 2012

Completion of this transaction expands General Dynamic's capabilities in ship-repair market.General Dynamics has completed its acquisition of the Ship Repair and Coatings Division of Earl Industries, a leading East Coast ship-repair company that supports the U…

SEACOR Holdings 2Q 2012 Results

Jul 27, 2012

SEACOR Holdings Announces Results for the Second Quarter Ended June 30, 2012. SEACOR Holdings Inc. (NYSE: CKH) announced its results for the second quarter ended June 30, 2012. Net income attributable to SEACOR Holdings Inc. for the quarter ended June 30…

Aker Solutions Acquires Subsea Companies

Jul 17, 2012

Aker Solutions has acquired the Norwegian companies Subsea House and SSH Engineering and plans to further expand and recruit 50-100 people in Stokke, located in the Vestfold county of Norway.The transaction value is undisclosed. Subsea House and SSH Engineering…

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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