SF Holding acquires majority stake in Kerry Logistics
Project logisticsChinese logistics giant SF Holding has made an offer for almost 52% of the shares in Kerry Logistics. Earlier this week, the financial press in China reported that SF was eying a stake in the...Read more
Boskalis acquires Rever offshore’s subsea services business
offshorePRESS RELEASE – Boskalis has acquired Rever Offshore’s subsea services business. Rever, formally known as Bibby Offshore, offers a broad range of solutions in the area of subsea construction, inspection, repair and maintenance.Read more
Lubbers Global Freight acquires Cargo Masters
Project logisticsLubbers Global Freight Holding has acquired the Dutch forwarding company Cargo Masters, which will see the company gain a new head office nearby Schiphol Airport and serve as the main air cargo hub offering cross-dock...Read more
Kübler acquires Daher Projects
German heavy transport provider Spedition Kübler has acquired Daher Projects, the heavy transport business of Daher in Germany. The acquisition will see Kübler grow by 40 employees at four locations and add over 100 special...Read more
Danish freight forwarders Freja and SDK merge
Project logisticsDanish family-owned freight forwarders Freja and SDK are merging their businesses to create a logistics provider with 1,300 employees and an annual turnover of more than EUR 671 million. The merged entity will continue as...Read more
Svend Andersen: “If you’re not optimistic, you shouldn’t enter the business”
ShippingSAL Heavy Lift this week announced it has bought a majority stake in Intermarine. When asked by SAL CEO Martin Harren, Svend Andersen decided to return from his retirement to lead the company. “It will...Read more
BP sells petrochemical business to Ineos for 5 billion dollars
PetrochemicalsBP has agreed to sell its global petrochemicals business to Ineos for a total amount of 5 billion dollars. The sale will strengthen the company’s balance sheet while the oil major is reinventing itself to...Read more
Bolloré buys G Solutions to expand in Nordic market
Project logisticsBolloré Logistics has expanded in Scandinavia by acquiring a majority stake in Swedish freight forwarder Global Freight Solutions and its Finnish affiliate. Better known as G Solutions, this company provides a wide range of freight...Read more
Boskalis buys Ardent Americas to expand US salvage business
SalvagePRESS RELEASE – Boskalis has acquired maritime emergency response specialist Ardent Americas to expand its presence in the US salvage market. Ardent Americas acts under the Oil Pollution Act of 1990 (OPA90) for the provision of...Read more
Rhenus buys LTK to expand in Spain and aerospace market
LogisticsPRESS RELEASE – The Rhenus Group has acquired Spanish company LTK, which specializes in logistics solutions for the aerospace and automotive industry. With the acquisition, Rhenus also expands its presence in Spain with three warehouse...Read more
DFDS acquires Huisman Group
Ro/roPRESS RELEASE – To further expand and develop DFDS’ European logistics services, DFDS has acquired 100% of the share capital of the Dutch logistics company Huisman Group BV headquartered in Wijchen. “Huisman Group is an excellent...Read more
Rhenus Logistics buys UK-based PSL Group
Rhenus Logistics has acquired 100% ownership of The PSL Group, a European express specialist based in the UK. Rhenus says the takeover will open up new opportunities, services, and expertise to the customers of both...Read more
Mammoet buys ALE
Mammoet has acquired ALE Heavy Lift, reinforcing its position as the world leader in heavy lift and heavy transport solutions. The companies did not disclose details of the agreement yet. Mammoet has stated that “no further...Read more
DP World acquires offshore giant Topaz Energy for USD 1 billion
OffshoreDP World has bought offshore logistics provider Topaz Energy and Marine for USD 1,079 million. With the acquisition, the Saudi-Arabian terminal operator wants to strengthen its position in maritime logistics services and explore new business...Read more
Avia Solutions buys project cargo air specialist Chapman Freeborn
Air freightAvia Solutions Group has acquired the Chapman Freeborn Group, which specialises in the charter and lease of aircraft and handles a lot of large and heavy cargoes. Under the terms of the agreement, Avia Solutions Group...Read more
Wilhelmsen Ship Management and NorSea Wind join forces
Offshore windWilhemsen Ship Management has acquired a 50% stake in NorSea Wind and its subsidiaries. Together the companies want to “offer a unified and integrated solution to the renewable wind energy market.” NorSea Wind was founded in...Read more
Lubbers Logistics buys majority stake in Uniworld Logistics Singapore
Energy logisticsLubbers Logistics Group is expanding into Asia with the acquisition of a majority stake in Uniworld Logistics Singapore, effective June 1st, 2019. With the expansion, Lubbers wants to strengthen its position in the global energy...Read more
Mammoet expands in Germany with Meyer Anlagenbau acquisition
AcquisitionMammoet has expanded its presence in south-west Germany by acquiring local heavy lift specialist Meyer Anlaganbau. According to the Dutch company, the purchase reinforces its position as the leader in the German market. Meyer approached Mammoet...Read more