Mergers & Acquisitions News

 

MSC US N.W. Pacific Asset Acquired by US Joiner

Sep 30, 2012

The purchases by US Joiner affiliates, furniture providers, enable establishment of an office and factory in the US Pacific Northwest.US Joiner is a leading independent domestic provider of turnkey marine joiner and furniture solutions for U…

Mitsubishi Heavy Industries Revamp Singapore Businesses

Sep 28, 2012

MHI to launch new Mitsubishi Heavy Industries Engineering & Services Private Ltd. (MIES) in Singapore, integrating three local afiliated companies.Effective October 1st 2012 Mitsubishi Heavy Industries, Ltd. (MHI) will launch a new company…

Plantation Boat Mart Acquires Hydra-Sports Boat Co.

Sep 27, 2012

Florida boat dealers Plantation Boat Mart & Marina acquire Hydra-Sports Boat Company from M C B C Hydra Sports LLC (Master Craft Boat Company).The new company is know as Hydra-Sports Custom Boats, LLC.Poised to represent an entirely new concept within the boating industry…

C.H. Robinson Worldwide to Acquire Phoenix International

Sep 25, 2012

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…

Rolls-Royce to Sell Tidal Generation Ltd to Alstom

Sep 25, 2012

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.…

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…

Logistics News

Court Rules on DP World Djibouti Case

Court Rules on DP World Djibouti Case

Liebherr Launches LiSIM ROS Simulator for Remote Operator Training

Liebherr Launches LiSIM ROS Simulator for Remote Operator Training

As Energy Reliability Concerns Mount, Material Handling Professionals Urged to “Prepare with Propane”

As Energy Reliability Concerns Mount, Material Handling Professionals Urged to “Prepare with Propane”

Svanehoj Acquires KOHO Kompressorsysteme

Svanehoj Acquires KOHO Kompressorsysteme

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