Hyundai Heavy is to sign a formal deal to acquire compatriot rival DSME.
acquisition
Maersk Acquires US Customs Broker Vandegrift
A.P. Moller-Maersk acquires Vandegrift, a US-based customs house broker.
https://worldmaritimenews.com/archives/271253/maersk-acquires-us-customs-broker-vandegrift/
EU Clears Acquisition of CEVA by CMA CGM
The European Commission gives the green light to CMA CGM to acquire Swiss CEVA Logistics.
https://worldmaritimenews.com/archives/271039/eu-clears-acquisition-of-ceva-by-cma-cgm/
South Korean Regulator Approves MacGregor’s Acquisition of TTS Businesses
MacGregor gets clearance from South Korea for the acquisition of TTS businesses.
McDonough Marine Service acquires barges from J.R. Gray
McDonough Marine Service announced this week the acquisition of 23 barges from Houma, La.-based J.R. Gray Inc. in an all cash buyout. The purchase is comprised of 14 power winch spud barges with sizes ranging from 140’x55′ to 120’x30′, four 195’x35′ material deck barges, and five – 24′ x10′ truckable work float barges.
In a prepared statement announcing the purchase, Pat Stant, McDonough president, said, “The purchase of this portion of the J.R. Gray assets is a great supplement to McDonough’s...
DP World Closes Acquisition Of 100% Shares Of Unifeeder Group
Unifeeder’s platforms for hinterland connectivity and multimodal logistics to strengthen DP World’s position as global trade enabler.
Global trade enabler DP World announced the successful closing of the acquisition of 100% of the Unifeeder Group (“Unifeeder”)1, an integrated logistics company with the largest and best-connected feeder and growing shortsea network in Northern Europe with connectivity to approximately 100 ports.
Unifeeder operates the largest and most densely connected common user...
MSC Cruises Acquires Interest in Trieste Cruise Terminal
MSC Cruises buys a significant interest in Trieste Terminal Passeggeri (TTP).
TWIN DISC ADDS VETH PROPULSION TO ITS FAMILY OF PRODUCTS
Recently, Twin Disc, Inc. acquired Veth Propulsion, a global supplier of main and auxiliary marine propulsion products.
“I am excited to announce the accretive acquisition of Veth Propulsion. Twin Disc has worked with Veth Propulsion for over two years, and the companies share similar cultures based on providing customers with high-quality products and leading design, engineering, and manufacturing services,” said John H. Batten, President and CEO of Twin Disc.
“Veth Propulsion strategically...
https://www.workboat.com/press-release/twin-disc-adds-veth-propulsion-to-its-family-of-products/
Transas now a successful member of the Wärtsilä family
The technology group Wärtsilä’s acquisition of Transas, which was finalized in May of this year, has progressed smoothly and the integration of the two companies is now complete. At this year’s WorkBoat Show, Transas is exhibiting under the Wärtsilä brand on booths 601, 706 and 710.
Transas brings Wärtsilä’s Smart Marine vision many steps closer to realization. The combined package of Wärtsilä’s portfolio of products and systems, the broadest in the marine industry, together with...
https://www.workboat.com/press-release/transas-now-a-successful-member-of-the-wartsila-family/
MacGregor Gets Clearance from Germany for Acquisition of TTS Businesses
MacGregor receives clearance from Germany for the acquisition of TTS Group’s businesses.