BP sells petrochemical business to Ineos for 5 billion dollars
BP 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
Bolloré 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
PRESS 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
PRESS 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
PRESS 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
DP 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
Avia 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
Wilhemsen 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
Lubbers 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
Mammoet 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 moreRhenus Logistics continues American shopping spree
Rhenus has acquired the Miami-based international freight forwarder Freight Logistics. The takeover follows prior acquisitions in Brazil and Canada, all aimed at strengthening Rhenus’ position in the Americas. Freight Logistics was founded in 2001 in the...Read more