Archive for the ‘Mergers and Acquisitions’ Category

Wärtsilä strengthens its UK service support with the acquisition of Ships Electronic Services Ltd

Wärtsilä strengthens its UK service support with the acquisition of Ships Electronic Services Ltd
Tamara de Gruyter Wärtsilä strengthens its UK service support with the acquisition of Ships Electronic Services Ltd Wärtsilä Corporation, 2 May 2019 at 3 pm EEST – The technology group Wärtsilä strengthens its service offering by acquiring Ships Electronic Services Ltd (“SES”), a UK...
May 2nd, 2019 | Marine Equipment Products and Services, Mergers and Acquisitions, Technical, Technology | Read More

V.Group acquires Global Marine Travel, doubling size of travel operations

V.Group acquires Global Marine Travel, doubling size of travel operations
Acquisition reaffirms commitment and focus in travel segment, contributes to strategy of inorganic growth London, February 13 2019: V.Group, the leading global marine services provider, announced today that it has acquired Global Marine Travel (ISS GMT) from Inchcape Shipping Services. The move combines...
February 13th, 2019 | Mergers and Acquisitions, Shipmanagement | Read More

BDO / Moore Stephens merger strengthens shipping presence

BDO / Moore Stephens merger strengthens shipping presence
Michael Simms The merger between leading accountants and advisers BDO LLP and Moore Stephens LLP in London was completed earlier this month. Clients of the merged firm, BDO, will have access to offices in over 160 countries with a presence in every major shipping location in the world. Michael Simms,...
February 11th, 2019 | Accountancy, Company Profiles, Mergers and Acquisitions, Person Profiles | Read More

Corvus Energy acquires Grenland Energy and strengthens product portfolio of maritime batteries

Corvus Energy acquires Grenland Energy and strengthens product portfolio of maritime batteries
Geir Bjørkeli (left), CEO of Corvus Energy and Roman Stoiber, CEO at Grenland Energy Corvus Energy strengthens its product portfolio for maritime batteries with the acquisition of Grenland Energy Bergen, Norway; Richmond, BC, Canada; and Skien, Norway – February 6, 2019 – Corvus Energy Holding...
February 6th, 2019 | Marine Equipment Products and Services, Markets, Mergers and Acquisitions | Read More

An exciting new chapter – we’re merging

An exciting new chapter – we’re merging
Simon Gallagher We’re delighted to announce our merger with leading accountants and advisors BDO will go live from Monday 4 February. This is a substantial milestone where we are creating a truly market-leading accountancy and business advisory firm focused on entrepreneurially-spirited, fast-growing...
February 1st, 2019 | Accountancy, Mergers and Acquisitions | Read More

RMT welcomes transfer of Argyll Ferries to publicly owned CalMac from today

RMT welcomes transfer of Argyll Ferries to publicly owned CalMac from today
Mick Cash Maritime union RMT today welcomed the transfer of the Argyll Ferries contract to the publicly owned CalMac and heralded it as a victory for union members and the on-going campaign to end profiteering and uncertainty on Scottish Ferry services.  Minister for Energy, Connectivity and the Islands,...
January 21st, 2019 | Jobs, Labour Disputes, Mergers and Acquisitions, Rail, Ro-Ro and Passenger Ferries | Read More

Press Statement from Bavaria Catamarans and Bavaria Yachtbau Holding

Press Statement from Bavaria Catamarans and Bavaria Yachtbau Holding
Press Statement from Bavaria Catamarans and Bavaria Yachtbau Holding Due to media inquiries about the acquisition of shares in the French manufacturer Bavaria Catamarans SAS by the German Bavaria Yachtbau Holding GmbH we would like to inform you about the facts: Former shareholders of Nautitech...
January 20th, 2019 | Legal, Mergers and Acquisitions, Shipbuilding and Shipyards, Yachting | Read More

Gordon Dadds Group completes acquisition of Ince & Co LLP

Gordon Dadds Group PLC (“Gordon Dadds” or the “Company” or the “Group”) Completion of acquisition of Ince UK Half year results for the six months ended 30 September 2018 Expected restoration of trading on AIM Gordon Dadds Group PLC (AIM: GOR), the London-based legal and professional services...
January 2nd, 2019 | Legal, Mergers and Acquisitions | Read More

MacGregor receives clearance from the S. Korean competition regulator for the acquisition of the marine and offshore businesses of TTS

MacGregor receives clearance from the S. Korean competition regulator for the acquisition of the marine and offshore businesses of TTS
CARGOTEC CORPORATION, 27 DECEMBER 2018 AT 5.00 PM EET MacGregor, part of Cargotec, has today received a clearance decision from the South Korean Fair Trade Commission on the company’s acquisition of the marine and offshore businesses of TTS Group ASA, which was announced on 8 February, 2018.  MacGregor...
December 27th, 2018 | Marine Equipment Products and Services, Mergers and Acquisitions | Read More

NSSLGlobal acquires Station 711 business unit from MX1

NSSLGlobal acquires Station 711 business unit from MX1
The NSSLGlobal Redhill office Redhill, UK, 3 December 2018 — Award-winning global satcom provider NSSLGlobal and MX1, a fully owned subsidiary of SES, have entered into an agreement under which NSSLGlobal has acquired the assets and activities of Station 711, a business unit within MX1 focussed on...
December 3rd, 2018 | IT and Communications, Mergers and Acquisitions | Read More

Crowley merges liner services unit into integrated logistics organization

Crowley merges liner services unit into integrated logistics organization
.. (JACKSONVILLE, Fla.; Nov. 28, 2018) ­– To better serve customers with integrated supply chain solutions, Crowley Maritime Corporation announced today that it will complete the merger of its liner services group into Crowley Logistics on Jan. 1 under the leadership of Steve Collar, senior vice president...
November 28th, 2018 | Company Profiles, Logistics, Mergers and Acquisitions, Person Profiles | Read More

First successful privatisation of a Landesbank completed

First successful privatisation of a Landesbank completed
Stefan Ermisch, CEO HAMBURG/KIEL – HSH Nordbank AG is today embarking on its future as the first successfully privatised Landesbank in Germany. The commercial bank’s new shareholders, who are independent of each other, are Cerberus Capital Management, J. C. Flowers & Co., GoldenTree Asset Management,...
November 28th, 2018 | Banking, Finance, Mergers and Acquisitions, News, Shipfinance | Read More

2open completes acquisition of INTTRA, bringing together leading Global Cloud Supply Chain Management and Leading Ocean Shipping Network

2open completes acquisition of INTTRA, bringing together leading Global Cloud Supply Chain Management and Leading Ocean Shipping Network
. The One Place in the Cloud to Run Your Supply Chain is Now the One Place in the Cloud to Manage Your Global Logistics AUSTIN, Texas, November 27, 2018 – E2open today announced the completion of the acquisition of INTTRA following regulatory approval. This brings together the world leader in...
November 27th, 2018 | Logistics, Mergers and Acquisitions | Read More

Greencarrier Freight Services forms Joint Venture together with Terminus Spedition & Transport AB

Greencarrier Freight Services forms Joint Venture together with Terminus Spedition & Transport AB
Stefan Björk, Founder & Owner of Greencarrier. As of April the 1st 2019 Greencarrier Freight Services Sweden AB enters into joint venture with Terminus Spedition & Transport AB. (Terminus) The merger of the two privately owned companies will drive substantial synergies based on the existing...
November 15th, 2018 | Energy, Environment, Mergers and Acquisitions | Read More

Wärtsilä strengthens its position by acquiring Spanish Burriel Navarro

Wärtsilä strengthens its position by acquiring Spanish Burriel Navarro
Burriel Navarro Wärtsilä strengthens its position as a global operator in the underwater services market by acquiring Spanish Burriel Navarro Wärtsilä Corporation, 31 October 2018 at 4.30 pm EET – The technology group Wärtsilä has acquired Burriel Navarro, S.L, a company operating in underwater...
October 31st, 2018 | Marine Equipment Products and Services, Mergers and Acquisitions, Shiprepair, Technology | Read More

Ince & Co LLP to merge with Gordon Dadds LLP

Ince & Co LLP to merge with Gordon Dadds LLP
Peter Rogan As you may have seen, it was announced this morning that the members of Ince & Co International LLP have approved the terms of a merger with Gordon Dadds LLP to form a top 40 UK legal firm, Ince Gordon Dadds LLP.  This is a momentous time for us and I want to take the opportunity...
October 29th, 2018 | Company Profiles, Legal, Mergers and Acquisitions | Read More

Sonardyne acquires maritime and marine science technology specialist Chelsea Technologies Group Ltd

Sonardyne acquires maritime and marine science technology specialist Chelsea Technologies Group Ltd
l to r: Chelsea’s Brian Phillips and John Ramsden, Sonardyne. 18 OCTOBER 2018 – Leading subsea technology developer Sonardyne International Ltd. has acquired maritime and marine science technology specialist Chelsea Technologies Group Ltd.  Chelsea, based in West Molesey, Surrey, has a broad base...
October 18th, 2018 | Mergers and Acquisitions, Technology | Read More

Norddeutsche Reederei H. Schuldt joins V.Group

Norddeutsche Reederei H. Schuldt joins V.Group
Norddeutsche Reederei is one of the leading players in the Hamburg market with 150 years of history, managing a container fleet of 46 vessels, representing 229.847 TEU Hamburg and London, 16 October 2018 – Norddeutsche Vermögen Group and V.Group have signed an agreement for Norddeutsche Reederei...
October 16th, 2018 | Containers, Mergers and Acquisitions | Read More

Hunter Maritime Acquisition Corp. Enters into a Merger Agreement with NCF Wealth Holdings Limited

Hunter Maritime Acquisition Corp. Enters into a Merger Agreement with NCF Wealth Holdings Limited
October 5, 2018 – Hunter Maritime Acquisition Corp. (Nasdaq: HUNT) (the “Company” or “Hunter”), a special purpose acquisition company, announced today that on October 5, 2018 it entered into a definitive agreement to complete a business combination (the “Transaction”) with NCF Wealth...
October 5th, 2018 | Mergers and Acquisitions | Read More

LOC Acquires REMBRANDT Licence

LOC Acquires REMBRANDT Licence
Collision Tanker Vs Bulker View from Bulker Maindeck (LONDON, U.K.) – London Offshore Consultants (LOC) has announced that it has purchased its own in-house licence of BMT’s industry-leading navigation simulator, REMBRANDT.  The software which has been developed over a 25-year period, is already...
September 17th, 2018 | Mergers and Acquisitions | Read More

Damen Shipyards Group assumes operational control at Mangalia shipyard

Damen Shipyards Group assumes operational control at Mangalia shipyard
Damen Shipyards Mangalia To signify its first day of operations at Damen Shipyards Mangalia in Romania, Damen held a modest ceremony at the yard on Monday, July 23rd. The celebrations mark Damen’s successful completion of the transaction with Daewoo Shipbuilding & Marine Engineering (DSME) for...
July 23rd, 2018 | Company Profiles, Mergers and Acquisitions, Ship Conversions, Shipbuilding and Shipyards, Shiprepair | Read More

Dynama: Consolidation in the offshore industry – what does it mean for workforce planning?

Dynama: Consolidation in the offshore industry – what does it mean for workforce planning?
Lee Clarke Consolidation in the offshore industry – what does it mean for workforce planning? According to Lee Clarke at Dynama, today’s mega mergers and alliances signal a tremendous business opportunity but what is the impact on workforce planning?  Here he takes us through the challenges and...
July 12th, 2018 | Energy, HR, Manning - Seafarers and Offshore, Mergers and Acquisitions | Read More

North P&I Club And 24Vision Sign Partnership Agreement

North P&I Club And 24Vision Sign Partnership Agreement
Paul Jennings 10 July, 2018 – North P&I Club and 24Vision announced today that they have entered into a partnership agreement, with effect from 1 July 2018, to provide P&I insurance to charterers and small ship operators.   As part of 24Vision’s wider service proposition to their marine...
July 10th, 2018 | Mergers and Acquisitions, P and I Clubs | Read More

Wärtsilä’s acquisition of Transas is completed

Wärtsilä’s acquisition of Transas is completed
Connecting smart ships with smart ports will deliver fundamental benefits to the marine sector. Wärtsilä Corporation, Press release, 4 May 2018 at 2.15 pm EET The technology group Wärtsilä announces that its acquisition of Transas, a global company headquartered in the U.K., has now been finalised....
May 4th, 2018 | IT and Communications, Marine Equipment Products and Services, Mergers and Acquisitions, Technical, Technology | Read More

Sunderland Marine confirms the sale of Knighthood Corporate Assurance Services

Sunderland Marine confirms the sale of Knighthood Corporate Assurance Services
March 19, 2018 – Sunderland Marine Insurance Company, the specialist in marine and aquaculture insurance, today confirmed the sale of Knighthood Corporate Assurance Services Limited to Broker Network. Sunderland Marine has had a business association with Knighthood since 1994. The sale is seen...
March 19th, 2018 | Mergers and Acquisitions, P and I Clubs | Read More