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TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE
Strategic Buyers - International Deals
* Spain - 20 March: Vasco Gallega de Consignaciones SA announced the pending acquisition of VT Brasil Ltda... VT Brasil provides logistics and shipping services from its base in Curitiba, Brazil. Terms were not disclosed.
* Sweden - 23 March: Kyrkbacken AB announced the acquisition of the remaining 49.0% of Godsservice i Dalarna AB... Godsservice provides local trucking services from its base in Borlange, Sweden. Terms were not disclosed.
* Israel - 23 March: -- Egged Holdings Ltd. announced the acquisition of 51.0% of Przedsiebiorstwo Panstwowej Komunikacji Samochodowej Mragowie ("PKS Mragowo") for $2.7 million. PKS Mragowo provides long-distance bus transportation services from its base in Mragowo, Poland.
* France - 25 March: Hub Telecom SA announced the acquisition of Masternaut. Based in Elbeuf, France, Masternaut provides web-based vehicular fleet monitoring services in Europe. Terms were not disclosed.
US Domestic Transactions
* Spain - 20 March: -- Vasco Gallega de Consignaciones SA announced the pending acquisition of Cargoways Logistics Inc. Based in Savannah, GA, Cargoways provides warehousing, freight forwarding and customs brokerage services. Terms were not disclosed.
* USA - 25 March: Dependable Highway Express, Inc. announced the acquisition of J&M Express, Inc. Based in Gardena, CA, J&M provides container drayage and harbor operation services. Terms were not disclosed.
* USA - 25 March: SuperShuttle International, Inc. announced the acquisition of XPRESS Shuttle LLC. Based in Gardena, CA, XPRESS provides door-to-door passenger transportation to airports and seaports. Terms were not disclosed.
posted by Unknown @ 10:27 AM
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