Takeover Talk

Market Insight: Foaming liquid lunch – ‘MSC + JAS’ vs ‘Mærsk + Expeditors’

It’s both physically and mentally draining to be simultaneously on multiple platforms talking about how the vertical logistics revolution might look in five months’ time, let alone in five years…
Guys, lunch is reaaadyyyy 
Supply chain, once the neglected kid of all industries despite being the pin linking all industries, now enjoys its moment of glory in corporate affairs – under the spotlight is the classic deal-making revenge series and chats and …

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Against the odds: No rat traps sprung as BDP sale saga ends with PSA biting

I almost – damn it, damn it, damn it! – reached my final ‘M&A destination’ yesterday, having thought and mused and talked relentlessly about the BDP International takeover for about 15 hours, until late evening…

… when some rather colourful remarks were shared, internally at Premium, by yours truly – given that it was all so strangely quiet for a classic forwarder/3PL + forwarder/3PL deal… about happen, according to sources.
“Someone said it’s …

The post Against the odds: No rat traps sprung as...

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Analysis: DSV – flipping coins after 150 days of extravagance

Let’s get the DSV coin rolling with a bit of worthwhile background before deciding whether a heads or tails strategy works best for the Danish forwarder.
Two weeks ago
Tarek Sultan, Kuwait’s Agility CEO and vice chairman, said in the prepared remarks contained in the new group’s interims that for the current Agility – hence excluding Agility Global Integrated Logistics (GIL) – shareholders “we believe our best days lie ahead.”
He added, following …

The post Analysis: DSV – flipping coins after...

https://theloadstar.com/analysis-dsv-flipping-coins-after-150-days-of-extravagance/

Market Insight: Claw sharpening – Mærsk & Asia M&A, K+N CEO and more

There has been lots on Premium‘s (logistics) plate since last Friday.
From strongly rumoured interest by AP Møller-Mærsk (APMM) in Asian deal-making to Kuehne + Nagel initiating managerial changes, via Worldwide Flight Services affairs and the latest radio silence concerning CH Robinson + BDP International… as well as, take a breath… a slew of other side (Toll Group) chats that were unmissable for all supply chain Bengal baby tiggers like us.
Also …

The post Market Insight: Claw sharpening –...

https://theloadstar.com/market-insight-claw-sharpening-maersk-asia-ma-kn-ceo-and-more/

M&A radar: Base case – DSV Panalpina, the next target of DSV Panalpina

Certain private exchanges ahead of what is arguably a defining week for the staggering stock market tale of DSV Panalpina (DSV PAN) are priceless.
What’s at stake
Play up expectations again when the interims come out next Tuesday, without acting promptly (February 10: this should ring a bell), and shareholder value is at risk.
Try to convince the rest of the T&L world and investors that you know how to play the organic …

The post M&A radar: Base case – DSV Panalpina, the next target of DSV...

https://theloadstar.com/ma-radar-base-case-dsv-panalpina-the-next-target-of-dsv-panalpina/

Analysis: ORBCOMM buyout – short odds on a bidding war?

The track and trace of a satellite firm (and why it matters to logistics)?
‘Detour risk’
Well, first off, the de-listing of Internet-of-Things firm ORBCOMM via a buyout may take a detour.
It received a $1.1bn bid, including net debt, on 7 April – the deal was disclosed the following day – from private equity house GI Partners. But so far that’s where the good news for its shareholders may end if the …

The post Analysis: ORBCOMM buyout – short odds on a bidding war? appeared first on The Loadstar.

https://theloadstar.com/analysis-orbcomm-buyout-short-odds-on-a-bidding-war/

Seatrade and Jamaica Producers in joint-venture to take over Geest Line

One of the longest-serving names in UK shipping is set to disappear, as Geest Line yesterday announced it would be acquired by the world’s largest reefer shipping operator, Seatrade, in a 50:50 JV with Jamaican food specialist Jamaica Producers (JP).
The purchase sum was undisclosed, but in a filing to the Jamaica Stock Exchange, JP CEO Jeffrey Hall suggested the deal was part of its vertical integration strategy.
“This acquisition is a …

The post Seatrade and Jamaica Producers in joint-venture...

https://theloadstar.com/seatrade-and-jamaica-producers-in-joint-venture-to-take-over-geest-line/

M&A radar: Anybody up for Wagers in Flexport?

It almost passed unnoticed outside logistics and arguably didn’t come with a big bang publicly in our industry given Flexport’s own standards, but last week’s appointment of Kenneth Wagers as new CFO of the freight forwarder is intriguing, for several reasons.
While the deal-makers I reached out to remain stubbornly tight-lipped – feedback: swinging between “call later” and “don’t call”; possibly nothing is cooking yet – a blend of factual and mildly …

The post M&A radar: Anybody up for Wagers...

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