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TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE
Strategic Buyers - International Deals
* Isle of Man - Feb 3: V.Group Limited has acquired International Tanker Management Ltd. ("ITM"). ITM provides maritime asset management services from its base in Dubai, UAE. Terms were not disclosed
* India - Feb 4: Gateway Distriparks Ltd. has acquired the remaining 24.0% of Gateway East India Pvt. Ltd. ("GEIP") for $962,000. Based in Visakhapatnam, India, GEIP operates ports and maintains container freight stations.
* The Netherlands - Feb 5: Universal Cargo Logistics Holding B.V. has acquired Taganrog Shiprepairement Plant Open Joint Stock Company. Based in Taganrog, Russia, Taganrog provides both port services and sea vessel repair. Terms were not disclosed.
* Austria - Feb 6: Erste Donau-Dampfschiffahrtsgesellschaft has acquired 70.0% of AD Jugoslovensko Recno Brodarstvo ("ADJRB") for $31.5 million. Based in Beograd, Serbia and Montenegro, ADJRB provides maritime transportation of freight and passengers.
posted by Unknown @ 12:37 PM
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