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TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE
Strategic Buyers - International Deals
* Canada - 17 March: Calyx Transportation Group Inc. announced the acquisition of Totalline Transport Inc. Based in Toronto, Ontario, Totalline provides transportation and warehousing services for high value and time sensitive freight. Terms were not disclosed.
* Canada - 17 March: Calyx Transportation Group Inc. announced the acquisition of Bransam Logistics Services Inc. Based in Halifax, Nova Scotia, Bransam provides TL, LTL and freight brokerage services within Canada and to/from the US. Terms were not disclosed.
* Canada - 17 March: Calyx Transportation Group Inc. announced the acquisition of Kreative Carriers Transportation & Logistic Services Inc. Kreative provides TL services for all of N. America from its base in Halifax, Nova Scotia. Terms were not disclosed.
* Holland - 18 March: Smit Internationale NV announced the pending acquisition of Minette Bay Ship Docking Ltd. Based in Kitimat, British Columbia, Minette Bay provides ship docking services for the Ridley Island Coal Terminal. Terms were not disclosed.
* Germany - 19 March: Dachser Gmbh & Co. kg announced the acquisition of 10.0% of Transportes Azkar SA. Based in Gipuzkoa, Spain, Azkar provides transportation, warehousing and logistic services throughout the Iberian Peninsula. Terms were not disclosed.
US Domestic Transactions
* USA - March 19: Venezia Hauling, Inc. announced the acquisition of Bass Transportation Co. Inc. Bass provides bulk and dry van transportation, as well as rail yard storage services from its base in Easton, PA. Terms were not disclosed.
Financial Buyers
* China - 16 March: Grand Point Investment Limited announced the pending acquisition of 56.8% of Tianjin Port Company Limited for $2.6 billion. Based in Tianjin, China, Tianjin primarily handles charcoal, coal, ore and other bulk cargo.
posted by Unknown @ 4:42 PM
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