Topic: Takeover

DSV acquires Agility for 3.5 billion euros

Project logisticsDSV has acquired the Kuwaiti freight forwarder Agility Global Integrated Logistics (GIL) for 3.5 billion euros. The takeover comes as a surprise. It was expected that DSV would press the pause button on major acquisitions...Read more
|Comment|author: Tobias Pieffers

Rhenus acquires Arkon Shipping & Projects

Project logisticsThe Rhenus Group, through its shortsea subsidiary Rhenus Maritime Services (RMS), has bought a majority stake of 60% in the Hamburg-based shipbroker Arkon Shipping & Projects. The shares were purchased from Arkon Shipping. Read more
|Comment|author: Tobias Pieffers

Mammoet loses ALE brand following takeover

Heavy-liftingMammoet has dropped the name ALE Heavy Lift following its takeover of the third-largest heavy lift company in the world. Effective January 8th, the business will be completely incorporated and operate under the Mammoet brand. Over...Read more
|Comment|author: Tobias Pieffers

Maersk family buys into wind industry

A.P. Møller Holding will acquire the Danish KK Group which, through its subsidiary KK Wind Solutions, is a leading systems supplier of wind power electronics. KK Wind Solutions works with all the large wind OEM’s...Read more
|Comment|author: Tobias Pieffers

Family-owned Aertssen Group buys ADM Team Heavy Weight

Heavy transportThe Belgian family-owned transport company Aertssen Group has taken over the activities from ADM Team Heavy Weight, another Belgian transport company specialized in exceptional and heavy loads. With the takeover, Aertssen gains control of a...Read more
|Comment|author: Tobias Pieffers

Hyundai Heavy acquires Daewoo, employees furious

ShipbuildingShipbuilder Hyundai Heavy Industries has acquired its smaller rival Daewoo. Despite fierce opposition from employees, Hyundai and Daewoo’s major shareholder, the state-managed Korea Development Bank, signed a contract for the acquisition last week. If the...Read more
|Comment|author: Tobias Pieffers
takeover | Project Cargo Journal

Topic: Takeover

DSV acquires Agility for 3.5 billion euros

Project logisticsDSV has acquired the Kuwaiti freight forwarder Agility Global Integrated Logistics (GIL) for 3.5 billion euros. The takeover comes as a surprise. It was expected that DSV would press the pause button on major acquisitions...Read more
|Comment|author: Tobias Pieffers

Rhenus acquires Arkon Shipping & Projects

Project logisticsThe Rhenus Group, through its shortsea subsidiary Rhenus Maritime Services (RMS), has bought a majority stake of 60% in the Hamburg-based shipbroker Arkon Shipping & Projects. The shares were purchased from Arkon Shipping. Read more
|Comment|author: Tobias Pieffers

Mammoet loses ALE brand following takeover

Heavy-liftingMammoet has dropped the name ALE Heavy Lift following its takeover of the third-largest heavy lift company in the world. Effective January 8th, the business will be completely incorporated and operate under the Mammoet brand. Over...Read more
|Comment|author: Tobias Pieffers

Maersk family buys into wind industry

A.P. Møller Holding will acquire the Danish KK Group which, through its subsidiary KK Wind Solutions, is a leading systems supplier of wind power electronics. KK Wind Solutions works with all the large wind OEM’s...Read more
|Comment|author: Tobias Pieffers

Family-owned Aertssen Group buys ADM Team Heavy Weight

Heavy transportThe Belgian family-owned transport company Aertssen Group has taken over the activities from ADM Team Heavy Weight, another Belgian transport company specialized in exceptional and heavy loads. With the takeover, Aertssen gains control of a...Read more
|Comment|author: Tobias Pieffers

Hyundai Heavy acquires Daewoo, employees furious

ShipbuildingShipbuilder Hyundai Heavy Industries has acquired its smaller rival Daewoo. Despite fierce opposition from employees, Hyundai and Daewoo’s major shareholder, the state-managed Korea Development Bank, signed a contract for the acquisition last week. If the...Read more
|Comment|author: Tobias Pieffers