Mergers and Acquisitions

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 SA, who sold their shares, in present day Bavaria Catamarans SAS, in the year 2014, and the legal successor of the purchaser at that time are currently in litigation over the issue whether further purchase...

http://www.allaboutshipping.co.uk/2019/01/20/press-statement-from-bavaria-catamarans-and-bavaria-yachtbau-holding/

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 announced the approval from the German regulator on 6 November 2018 but is still waiting for the approval from the competition authority in China. As communicated on 20 December, 2018, MacGregor...

http://www.allaboutshipping.co.uk/2018/12/27/macgregor-receives-clearance-from-the-s-korean-competition-regulator-for-the-acquisition-of-the-marine-and-offshore-businesses-of-tts/

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, Centaurus Capital LP and BAWAG or investment funds launched by these. The sale of all indirectly held shares (94.9 percent in total), which was agreed on 28 February [Link Press Release]   , has...

http://www.allaboutshipping.co.uk/2018/11/28/first-successful-privatisation-of-a-landesbank-completed/

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 and general manager.

The Crowley Logistics business unit provides a singular source for customers to receive end-to-end services, including ocean, land and air transportation; commercial...

http://www.allaboutshipping.co.uk/2018/11/28/crowley-merges-liner-services-unit-into-integrated-logistics-organization/

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 ocean shipping logistics covering a majority of ocean shipping container capacity, with the global supply chain and logistics network of E2open. With this unification, customers of both companies will...

http://www.allaboutshipping.co.uk/2018/11/28/2open-completes-acquisition-of-inttra-bringing-together-leading-global-cloud-supply-chain-management-and-leading-ocean-shipping-network/

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 services in the main ports of Spain. The acquisition supports the growth of Wärtsilä’s underwater services and expands the company’s local presence in the European market. Burriel Navarro will be part of...

http://www.allaboutshipping.co.uk/2018/10/31/wartsila-strengthens-its-position-by-acquiring-spanish-burriel-navarro/

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 to give you a brief update about what the announcement means.

This cutting-edge merger, which recognises the strength of the Ince & Co brand around the world, brings together two complementary businesses with...

http://www.allaboutshipping.co.uk/2018/10/29/ince-co-llp-to-merge-with-gordon-dadds-llp/

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 in environmental sensing technology spanning markets in fresh and waste water, oceanography and a wide range of industrial applications. In addition to its optical engineering capability, it provides...

http://www.allaboutshipping.co.uk/2018/10/18/sonardyne-acquires-maritime-and-marine-science-technology-specialist-chelsea-technologies-group-ltd/

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