All Mergers & Acquisitions articles
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Tbilisi Deal
AD Ports Group (AD Ports) has confirmed the acquisition process for Tbilisi Dry Port, making the Group the…
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CMA 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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Kalmar 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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Ceres Rebrand
Seattle-headquartered Carrix has announced that its recent acquisition, Ceres Terminals, is being rebranded as SSA Marine. Carrix completed…
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Taylor Acquires Ferrari
Mississippi-based Taylor Group has acquired 85 per cent of the shares in CVS Ferrari.
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Ceva 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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Kalmar 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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CPKC 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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Port 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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Acquisition 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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COSCO 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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Hapag 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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HAL 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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APMT 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.
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PSA CONSOLIDATION IN HALIFAX
PSA International Pte Ltd (PSA) has consolidated its position at the Canadian East Coast port of Halifax (NS) by acquiring the second major cargo terminal at the port, in a process that will enable the company to better plan its future operating activities.