C.H. Robinson Worldwide to acquire Phoenix International for $571.5 million in cash & about $63.5 million in newly-issued C.H. Robinson stock.Founded in 1905, C.H. Robinson Worldwide, Inc., is a global provider of multimodal transportation services and logistics solutions…
The sale is expected to complete within the next few months, subject to closing conditions.About Tidal Generation Ltd. (TGL) 1. Rolls-Royce will sell TGL to Alstom UK Holdings Ltd, a wholly owned subsidiary of Alstom. 2.…
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 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)…
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…
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 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 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 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…
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…
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…
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 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 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…
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…
