Mergers & Acquisitions
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NewsKonecranes acquires Peinemann businesses
Konecranes completes Peinemann Port Services and Container Handling takeovers
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NewsMSC firms up big Brazilian investment…
London-listed Ocean Wilsons Holdings has confirmed it is selling its 56.47% interest in Brazilian port and maritime logistics operator, Wilson Sons, to Mediterranean Shipping Co (MSC) in a deal worth US$768 million.
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NewsCMA CGM makes Morocco move
CMA CGM has confirmed that it has taken a stake in Nador West Med container port in Morocco, located about 120 nautical miles from the Strait of Gibraltar.
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NewsTriton announces MacGregor takeover
Triton is to acquire MacGregor from Cargotec, aiming to establish it as a standalone company by 2025
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NewsCMA CGM set for takeover of Santos Brasil operations
After one of the longest courtships in port terminal history, involving many suitors, it looks like Santos Brasil will finally be taken over by French based liner company CMA CGM, for an initial outlay of around US$1.12BN and an eventual cost of approximately US$2.26BN.
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NewsTbilisi Deal
AD Ports Group (AD Ports) has confirmed the acquisition process for Tbilisi Dry Port, making the Group the…
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NewsTaylor Acquires Ferrari
Mississippi-based Taylor Group has acquired 85 per cent of the shares in CVS Ferrari.
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NewsKalmar demerger rationale explained…
Kalmar separating from Cargotec could unlock shareholder value by allowing both companies to independently pursue sustainable and profitable growth opportunities.
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NewsCeres Rebrand
Seattle-headquartered Carrix has announced that its recent acquisition, Ceres Terminals, is being rebranded as SSA Marine. Carrix completed…
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NewsCeva acquires Stellar Value Chain Solutions
CEVA Logistics has confirmed that it has reached an agreement that will see it purchase 98 per cent of Mumbai-based Stellar Value Chain Solutions.
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NewsKalmar acquires the rights to Lonestar speciality vehicles
Kalmar is acquiring the product rights of the electric terminal tractor product line from US-based Lonestar Specialty Vehicles (LSV).
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NewsCPKC targets safe Mexican alternative
Shortly after confirming itself as a newly merged entity, Canadian Pacific Kansas City Railroad (CPKC), outlined a “safe alternative route that is considerably faster” from Asia to key locations in the US via Mexico.
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NewsPort and terminal Investors crowd in
There is an array of news this month from around the globe regarding investment in port and terminal businesses.
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NewsAcquisition activity spikes with port sector deals prominent
Acquisition activity in the ports and wider shipping and logistics sector is seeing something of a spike.
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NewsHapag lloyd acquires SAAM terminals
In a surprise move, Hapag Lloyd, the Germany-based shipping line, has announced the acquisition of the terminal business of SM SAAM S.A.
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NewsCOSCO Pauses
COSCO Shipping Ports (CSP) is delaying the completion of the acquisition of a 35 per cent stake in Hamburger Hafen und Lagerhausgesellschaft’s…
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NewsHAL offer for Boskalis recommended
At the time of writing in early September 2022, Dutch investor HAL Holding, had raised its offer to acquire Dutch dredging and marine services provider Boskalis, to €33 per share.
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NewsAPMT takes a slice of EAS
News that APM Terminals is taking over 30 per cent of a failed shipyard in Suape came as a big surprise. Rob Ward looks at the implications
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J M Baxi Acquisition
J M Baxi Ports & Logistics Ltd, a unit of the Mumbai-based J M Baxi Group, has gained complete – 100 per cent - control of the Visakha Container Terminal
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Veson Takes Q88
Veson Nautical, the maritime freight software provider, is acquiring information management and software platform specialist, Q88.
