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TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE
Strategic Buyers - International Transactions
* Dubai/UAE - 30 Aug: DP World -UAE- and Construtora Norberto Odebrecht SA announced the pending acquisition of a majority stake in Empresa Brasileira de Terminais Portuários S.A. Empresa operates a multi-modal port terminal located in Santos, Brazil. Terms were not disclosed.
* Canada - 1 Sept: Trapeze Software, Inc. announced the pending acquisition of the Public Transit Solutions business of Continental Automotive Switzerland AG. Based in Neuhausen am Rheinfall, Switzerland, Public Transit provides intelligent transportation systems including operation control systems, on-board computers and passenger information displays. Terms were not disclosed.
* UK - 1 Sept: Metrobus Limited announced the pending acquisition of Arriva plc's bus transportation business in Horsham, UK for $8.1 million.
* Germany - 3 Sept: Langenlonsheimer Transportgesellschaft announced the acquisition of HTF Logistik. Based in Kerpen, Germany, HTF transports building materials with its fleet of 260 power units. Terms were not disclosed.
US Domestic Transactions
* Lombard, ILL - 1 Sept: SuperShuttle International, Inc. announced the acquisition of the transportation operations of Houston Airport. Terms were not disclosed.
(Picture from wallpapers-free.co.uk: train)
posted by Unknown @ 7:23 AM
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