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Jan 21, 2017

Unishippers Global will buy Worldwide Express * USA

* NC - Trucking freight brokers to merge under private-equity deal, combining companies into $1 billion third-party logistics provider

--- Ridgemont Equity Partners is acquiring trucking brokerage Worldwide Express and combining it with its Unishippers Global Logistics business, creating one of the largest third-party logistics providers in the U.S., with more than $1 billion in annual sales... As part of the deal announced Tuesday to buy Worldwide Express from private-equity group Quad-C Management, Ridgemont said it plans to merge the business with Unishippers, which it acquired in 2015. The new firm, Worldwide Express Global Logistics, will rank among the top 30 third-party logistics providers in the U.S., according to research group Armstrong & Associates... According to a source familiar with the matter, Ridgemont is paying between $680 million and $720 million to acquire Worldwide Express... 
(Photo: Worldwide Express and Unishippers act as brokers for trucking services and resell UPS parcel-delivery service to small businesses)  --  Charlotte, North Carolina - USA - WSJ, by ERICA E. PHILLIPS - Jan. 18, 2017

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posted by Unknown @ 4:26 AM  0 comments

May 23, 2016

FEDEX's news * USA: Acquisition of TNT EXPRESS

* Tennessee - Last lap for the acquisition of TNT Express by FedEx
--- FedEx potentially holds 88.4% stake in TNT Express, following the tender offer which ended May 13, 2016. All conditions have now been satisfied or lifted, allowing the operation of realization Announced 25 May... The friendly takeover of TNT FedEx Express, which will give birth to a new giant transportation and logistics, comes to an end. The completion of the transaction is scheduled for 25 May 2016. "A date that will mark the history of the two companies" go together "transform the global transportation industry," said David Bronczek, president and CEO of FedEx Express in a statement issued May 18, 2016... All conditions of the offer were "satisfied or (wholly or partially) lifted", say the two groups. Following the takeover bid, which was due to expire May 13, 2016, FedEx got hold 88.4% stake in TNT Express , representing a total value of 3.9 billion euros (8 euros per share). Payment must be made ​​on 25 May, when their union then become official... The remaining shares of TNT Express FedEx may be offered to the same conditions, within the framework of a new period of post-closing acceptance which runs from 19 May to 1 June 2016... 
Memphis, TENN, USA - WK Transport et Logistique - 18 May 2016

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May 7, 2010

TRANSPORT & LOGISTICS * WORLDWIDE: Mergers & Acquisitions

(Photo: Miraflores point, Panama Channel)

Strategic Buyers

* UK - 18 April: Williams Group announced the acquisition of St. Maries River Railroad Company ("STMA"). Based in St. Maries, ID, STMA transports forest products between Plummer and Bovil, ID. Terms were not disclosed.

* España - 20 April: Grupo Transcoma announced the acquisition of Yats Help. Yats Help provides port assistance services from its base in Spain. Terms were not disclosed.

* Canada - 20 April: Descartes Systems Group Inc. announced the acquisition of Imanet for $6.0 million. Based in Windsor, Imanet provides software solutions that enable freight forwarders and customs brokerage companies to communicate with the Canada Border & Security Agency.

* UK - 23 April: Technis International Plc announced the acquisition of 51.0% of Professional IT (Logistics) Ltd. Professional IT provides professional management software solutions for the executive hire, chauffeur and courier industries. Terms were not disclosed.

* Ukraine - 29 April: Intertrans Holding announced the acquisition of the remaining 24.2% of CJSC Intertrans. Based in Kiev, CJSC provides freight forwarding, export/import by rail and automobile transport services in the Ukraine, CIS countries, Europe and Asia. Terms were not disclosed.

Private Equity Backed

* China - 16 April: RFID Invest AG announced the acquisition of InSync Software, Inc. Based in San Jose, CA, InSync provides software solutions that control RFID, GPS and sensor technologies to locate and track assets. Terms were not disclosed.

* Italy - 16 April: Mid Industry Capital SpA and management announced the pending acquisition of Mar-Ter Spedizioni S.p.A. for $36.5 million. Based in Italy, Mar-Ter provides international air, ocean and ground freight forwarding services.

* USA - 22 April: Odyssey Logistics & Technology Corporation, a portfolio company of Trident Capital, LogiSpring, Boston Millennia Partners, CMEA Ventures and RRE Ventures, announced the acquisition of International Forwarders, Inc. ("IFI"). IFI provides export freight forwarding and customs brokerage services from its base in Charleston, SC. Terms were not disclosed.

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Apr 22, 2010

TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE

(Photo from JOC: Container traffic at Hong Kong port)

Strategic Buyers

* Helsinki,Finland - 9 April: Sanoma Oyj announced the acquisition of Postituspojat Oy. Based in Helsinki, Postituspojat provides bulk mailing, packaging, materials management and procurement services. Terms were not disclosed.

* Hamburg,Germany - 12 April: Von Appen announced the acquisition of Stiglich Transportes SA. Based in Callao, Peru, Stiglich Transportes provides transportation services to the mining industry. Terms were not disclosed.

* Moscow,Russia - 14 April: Commercial Seaport Primorsk OJSC announced the acquisition of 99.0% of TRANSFLOT Ltd. Based in Saint-Petersburg, TRANSFLOT provides ocean chartering and freight forwarding services. Terms were not disclosed.

Private Equity Backed

* Ridgeway,Iver,Buckinghamshire,UK - 12 April: DX Group Ltd., a portfolio company of Candover Partners Ltd., announced mezzanine lenders led by European Capital Ltd. will swap £30.0 million of debt for 49.0% of the company's equity. Based in Iver, DX is the UK's largest independent mail company.

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Apr 15, 2010

TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE


(Photo from JOC)

Strategic Buyers - International Transactions

* Saint-Laurent,Québec,Canada - April 1: Stella-Jones Inc. announced the acquisition of Tangent Rail Corporation for $165.0 million. Based in Pittsburgh, Tangent provides maintenance of way products and services to the railroad industry.

* Turnhout, Belgium - April 2: Van Gansewinkel Groep B.V. announced the pending acquisition of Leysen Invest NV. Leysen collects industrial and household waste using roll containers and skips, as well as distributes secondary fuels. Terms were not disclosed.

* Barcelona,Catalonia,Spain - April 6: Trans Catala S L announced the acquisition of D-4 Transporte y Logística. Based in Barcelona, D-4 provides parcel distribution services for pharmaceutical products in the area of Catalonia. Terms were not disclosed.

* Odense,Denmark - April 7: Frode Laursen A/S announced the acquisition of Pack Scandinavia A/S. Pack Scandinavia provides warehousing and pick and pack services. Terms were not disclosed.

Private Equity Backed

* Des Moines,IA,USA - April 7: Jacobson Holding Company, L.C., an Oak Hill Capital Partners' portfolio company, announced the acquisition of Global Transportation Services, Inc. Based in Seattle, Global Transportation provides air, ocean, truck and rail freight forwarding and custom brokerage services. Terms were not disclosed.

* Fairfield, Connecticut,USA - April 8: Management Health Solutions, Inc., a portfolio company of Eastward Capital Partners and Radius Ventures, announced the acquisition of AtPar Inc. Based in Lebanon, New Hampshire, AtPar develops supply chain execution software. Terms were not disclosed.

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posted by Unknown @ 9:35 AM  0 comments

Mar 8, 2010

TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE

Strategic Buyers - International Transactions

* Spain - 16 Feb: Transportes Carreras SA announced the acquisition of Solatrón S.L. Based in Telde, Spain, Solatrón provides specialized logistics services in the Canary Islands. Terms were not disclosed.

* Spain - 17 Feb: Transportes Azkar SA announced the pending acquisition of Condeminas Servicios Logisticos S.A. ("CSA"). CSA provides warehousing and logistics services from its base in Barcelona. Terms were not disclosed.

* Sweden - 22 Feb: E G Åkeri Ab announced the acquisition of Ljungby Fjärrtransport Ab. Based in Sweden, Ljungby Fjärrtransport provides direct door to door delivery and refrigerated transport between Helsingborg and Stockholm/Mälardalen. Terms were not disclosed.

* UK - 22 Feb: Standard Life Investments Property Income Trust Ltd. announced the pending acquisition of a logistics warehouse in the Wingates Industrial Estate located in Bolton, UK for $21.7 million.

* Germany - 24 Feb: Lufthansa Cargo AG announced the pending acquisition of Austrian Cargo. Austrian Cargo provides air freight and logistics services at the Vienna International Airport with agents in over 100 countries worldwide. Terms were not disclosed.

* Poland - 26 Feb: Cargosped Sp Z O O announced the acquisition of Mir Trade Polska Sp Z O O. Based in Poland, MIR Trade provides rail transport of bulk commodities through the Polish-Russian crossing between Braniewo and Mamonowo. Terms were not disclosed.

Private Equity Backed

* USA - 19 Feb: Provident Capital Ventures announced the acquisition of Global Supply Chain Solutions, Inc. ("GSCS"). Based in Dallas, GSCS provides supply chain and materials management solutions to the electronic manufacturing industry. Terms were not disclosed.

* USA - 22 Feb: Goldman Sachs announced the pending acquisition of Metro International Trade Services, a portfolio company of Monitor Clipper Partners. Based in Romulus, MI, Metro operates a network of warehouses specializing in the storage of non-ferrous metals for the London Metal Exchange. Terms were not disclosed.

* USA - 23 Feb: New Mountain Capital announced the pending acquisition of Red Prairie Holding, Inc., a portfolio company of Francisco Partners. Based in Waukesha, WI, Red Prairie provides transportation, global trade, certified parcel and fleet management software services. Terms were not disclosed.

* South Africa - 22 Feb: Citadel Capital SAE announced the acquisition of 49.0% of Sheltam Railways. Based in South Africa, Sheltam, through its 35.0% ownership of Rift Valley Railways, operates a railway line linking the Indian Ocean port of Mombasa to the interiors of Kenya and Uganda. Terms were not disclosed.

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posted by Unknown @ 6:18 AM  0 comments

Dec 13, 2009

TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE

Strategic Buyers - International Transactions



* Finland - 30 Nov: Suomen Transval Oy announced the pending acquisition of the warehouse business of Finnair Cargo Terminal Operations Oy. Terms were not disclosed.

* Cyprus - 1 Dec: Globaltrans Investment Plc announced the pending acquisition of 50.0% of Balttransservis OOO for $250.0 million. Based in St. Petersburg, Balttransservis provides rail transportation of petroleum products throughout Russia.

* Norway - 1 Dec: Torghatten ASA announced the pending acquisition of Sørlandsruta AS. Sørlandsruta provides bus transportation services from its base in Mandal, Norway. Terms were not disclosed.

* France - 1 Dec: Data Dynamic Systems Logistics announced the acquisition of Narval Logistics Software. Narval provides international transportation software from its base in Le Havre, France. Terms were not disclosed.

* Australia - 3 Dec: K&S Corp. Ltd. announced the pending acquisition of Pacific Transport. Based in Midland, Western Australia, Pacific Transport provides over-the-road transportation throughout Australia. Terms were not disclosed.

US Domestic Transactions

* Florida - 30 Nov: Saddle Creek Corporation announced the acquisition of ServiceCraft, LLC. Based in Buena Park, CA, ServiceCraft maintains a national transportation network and operates more than four million sq. ft. of ambient and temperature-controlled warehousing and distribution space throughout the US. Terms were not disclosed.

* Connecticut - 1 Dec: Logistec USA Inc. announced the acquisition of the remaining 50.0% of BalTerm, L.L.P. Based in Baltimore, BalTerm provides stevedoring and warehousing services specializing in the handling of forest products. Terms were not disclosed.

* Ohio - 1 Dec: TMW Systems, Inc. announced the acquisition of Innovative Computing Corp. Innovative provides transportation management software to truckload carriers from its base in Brentwood, TN. Terms were not disclosed.

* Florida - 3 Dec: Acosta, Inc., a portfolio company of Chartwell Capital, announced the acquisition of selected assets of TrueDemand Software, Inc., a portfolio company of CMEA Capital and Mayfield Fund. Base in Los Gatos, CA, TrueDemand provides inventory management software. Terms were not disclosed.

* Minneapolis - 4 Dec: XATA Corp. announced the acquisition of Turnpike Global Technologies L.L.C. for $20.0 million. Based in Toronto, Turnpike provides on-board fleet management systems.
(Photo from joc.com: Mediterranean vessel)

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Jul 11, 2009

TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE

Strategic Buyers - International Transactions

* Denmark - 30 June: Budstikken Transport A/S announced the acquisition of TS Transport-Service Arhus A/S and TS Transport-Service A/S. Based in Denmark, TS provides transport and courier services. Terms were not disclosed.

US Domestic Transactions

* USA - 30 June: Amerijet International, Inc., a portfolio company of H.I.G. Capital, announced the acquisition of a majority stake in Nations Express, Inc. Based in Charlotte, NC, Nations provides arranged on-time and intact delivery of time sensitive cargo by air and road. Terms were not disclosed.

* USA - 2 July: Landstar System, Inc. announced the acquisition of Premier Logistics, Inc. Based in Detroit, Premier provides freight management services for customers through its proprietary web-based software. Terms were not disclosed.

* USA - 2 July: Landstar System, Inc. announced the acquisition of A3 Integration LLC ("A3i"). Based in Ann Arbor, MI, A3i provides shipment optimization, carrier visibility and supply chain event management, all with multi-lingual, multi-currency and multi-modal capabilities. Terms were not disclosed.

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posted by Unknown @ 11:23 AM  0 comments

Jul 5, 2009

TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE

Strategic Buyers - International Transactions

* Australia - 15 June: Toll Holdings Limited announced the pending acquisition of Perkins Group Holdings Pty. Ltd. Based in Darwin, Perkins provides land and sea logistics services to remote communities and resource industry customers in Australia and internationally. Terms were not disclosed.

* Holland -16 June: TNT NV announced the acquisition of Verlagsgruppe Georg Von Holtzbrinck GmbH. Holtzbrinck holds stakes in seven regional mail delivery companies in Germany. Terms were not disclosed.

* France - 17 June: Geodis SA announced the acquisition of Transports Rapides Bretons. Based in Saint Brieuc, France, Bretons provides transit and clearing of freight. Terms were not disclosed.

* Holland - 17 June: TNT NV announced the acquisition of 25.1% of Saarriva, a provider of mail delivery service in Germany. Terms were not disclosed.

* France - 18 June: Société Nationale des Chemins de fer Français announced the pending acquisition of an additional 15.1% of Novatrans S.A.... Novatrans provides railroad and intermodal transportation services from its base in Paris. Terms were not disclosed.

* Australia - 22 June: Roadships Holdings, Inc. announced the acquisition of Endeavour Logistics Pty Ltd. Based in Chipping Norton, Endeavour provides logistics consulting services to Australian based transportation companies. Terms were not disclosed.

* Hong Kong/China - 22 June: Fame Harvest (Hong Kong) Limited announced the pending acquisition of China Travel International Ltd. ("CTI") for $26.3 million. Based in Beijing, CTI provides travel and tour services throughout China.

* Canada - 22 June: Mercator Transport Group Corporation, a portfolio company of Vintage Growth Corp., announced the pending acquisition of SAS Trans Orient Services for $927,000. SAS provides international freight forwarding services from its base in Saint Quentin Fallavier, France.

* The Netherlands - 23 June: Den Hartogh Logistics announced the acquisition of Extar B.V. Based in Rotterdam, Extar provides transportations services to the chemical and food industries. Terms were not disclosed.

* Singapore - 24 June: Keppel Logistics Pte. Ltd. announced the acquisition of a 21.1% stake in TradeOneAsia Pte Ltd. for $102,000. TradeOneAsia provides supply chain consulting services from its base in Singapore.

* USA - 26 June: United Parcel Service, Inc. and Haluk Undeger announced the pending acquisition of Unsped Paket Servisi Sanayi Ve Ticaret AS. Based in Turkey, Unsped provides freight forwarding services to the Middle East and Central and Southwest Asia. Terms were not disclosed.

* France - 26 June: SNCF Participations announced the acquisition of the remaining 50.4% of Groupe Ermewa S.A.,a portfolio company of Private Equity, S.A.S. Based in Geneva, Ermewa leases liquid and dry bulk rail cars and over-the-road trailers. Terms were not disclosed.

US Domestic Transactions
* Canada - 16 June: TransCanada PipeLines Limited announced the pending acquisition of the remaining 20.0% of Transcanada Keystone Pipeline, LP for $750.0 million. Based in Kansas City, Keystone transports crude oil from Canada to the Midwest-Great Plains region in the US.

* Pittsburgh, PA - 19 June: Liberty Tire Services, LLC, a portfolio company of American Securities Partners, announced the acquisition of Able Tire Disposal, LLC. Based in Houston, Able provides transportation and disposal of waste tires in Texas. Terms were not disclosed.

* Fort Lauderdale, FL - 19 June: Amerijet International, Inc., a portfolio company of H.I.G. Capital, announced the acquisition of SRX Transcontinental, Inc. Based in Fort Lauderdale, FL, SRX provides airline operation and management, cargo and passenger transportation, aircraft maintenance, freight forwarding and logistics, fueling and ground handling services. Terms were not disclosed.

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posted by Unknown @ 6:21 AM  0 comments

May 21, 2009

TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE

Strategic Buyers - International Transactions

* Finland - 13 May: Container Finance Ltd. Oy announced the pending acquisition of the remaining 65.0% of Containerships Ltd Oy. Based in Helsinki, Containerships provides door-to-door transport of containerized cargo in the Baltic Sea area and northern Europe. Terms were not disclosed.

* Greece - 13 May: Anek Lines SA announced the pending acquisition of 33.4% of Hellenic Seaways S.A. for $170.3 million. Based in Piraeus, Greece, Hellenic provides passenger and vehicle ferry service in the Greek Isles.

* France - 15 May: Olano Logistique du Froid announced the acquisition of STLL. STLL provides transportation services in the Bretagne Region of France. Terms were not disclosed.

Financial Buyers

* France - 12 May: IXIS AEW Europe announced the pending acquisition of seven distribution warehouses, totaling ~2.5 million sq. ft., located in the Netherlands and Germany for $163.0 million.

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posted by Unknown @ 12:09 PM  0 comments

May 8, 2009

TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE

Strategic Buyers - International Transactions

* China -20 April: The China Navigation Company Limited announced the acquisition of the remaining 33.0% of Tasman Orient Line Limited. Based in Auckland, Tasman operates eleven large multi-purpose vessels that transport containers and break bulk cargo between New Zealand, Asia and the Pacific Islands. Terms were not disclosed.

* France -21 April: Groupe Pascal Carrier SAS announced the acquisition of Stralog Transports SAS. Based in Lavau, France, Stralog provides conditioning, distribution, storage, transport and custom clearance services. Terms were not disclosed.

* Bulgaria -22 April: BDZ Passenger Transport PLC announced the pending acquisition of Colovag. Colovag provides railway services in Bulgaria. Terms were not disclosed.

* Bulgaria -22 April: BDZ Passenger Transport PLC announced the pending acquisition of Intercom. Intercom provides railway services in Bulgaria. Terms were not disclosed.

* Japan -27 April: Fujitsu Australia Ltd. and Fujitsu New Zealand Limited announced the acquisition of Supply Chain Consulting Pty Ltd. Supply Chain provides logistics software services and solutions from its base in North Sydney, Australia. Terms were not disclosed.

* Singapore -24 April: Singapore Post Ltd. announced the acquisition of the remaining 50.0% of G3 Worldwide Aspac Pte Ltd. G3 provides cross-border mailing services from its base in Singapore. Terms were not disclosed.

* The Netherlands -28 April: TNT NV announced the pending acquisition of Expresso Araçatuba Transportes E Logística Ltda for $70.6 million. Based in Sao Paulo, Expresso utilizes 1,000 vehicles and 40 depots toprovide expedited cargo transportation throughout Brazil.

* Australia -1 May: Toll Holdings Limited announced the pending acquisition of 40.0% of BIC Logistics, Ltd. Based in New Delhi, BIC provides trucking and warehousing services for the automotive, print media and fabrics industries. Terms were not disclosed.

* Russia -22 April: Becar Realty Group announced the acquisition of a majority stake in Phoenix Industries LLC. Phoenix provides public food warehousing and distribution services from its base in Winter Haven, FL. Terms were not disclosed.

Domestic Transactions

* USA -29 April: R+L Carriers, Inc. announced the acquisition of Spirit Express Trucking, Inc. Spirit provides dry van and flatbed LTL services from its base in Denver, CO. Terms were not disclosed.

* USA -22 April: BirdDog Solutions, Inc. announced the acquisition of DLT Transportation Services, Inc. DLT provides freight bill pre-audit and payment services from its base in Kansas City, MO. Terms were not disclosed.

Financial Buyers

* Norway -21 April: Pareto Eiendomsinvest Nordic AS announced the acquisition of Logistikbygg Linköping Fastighets AB. Based in Linkoping, Sweden, Logistikbygg owns and operates warehouses. Terms were not disclosed.

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Mar 26, 2009

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.

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posted by Unknown @ 4:42 PM  0 comments

Mar 11, 2009

TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE

Strategic Buyers - International Deals

* France - 24 Feb: Transdev S.A. announced the acquisition of an additional 47.8% of Solea SA for $2.0 million. Based in Mulhouse, France, Solea provides public transportion via 26 bus and two tram lines.

US Domestic Transactions

* USA - 21 Feb: Classic Transportation Group announced the acquisition of Hampton Luxury Liner, Inc. . HLL provides luxury bus transportation services to and from the Hamptons. Terms were not disclosed.

Financial Buyers

* USA - 27 Feb: MSouth Equity Partners, LLC announced the acquisition of a stake in LMS Intellibound, Inc. for $40.5 million. LMS provides logistics and warehousing services for the grocery, food service and retail industries in the greater Atlanta area. Terms were not disclosed.

Recession Watch

* UK - Critical Monthly Market Assessment from TiTransport Intelligence is pleased to announce the launch of its monthly Recession Watch, a critical monthly market assessment of the global transport & logistics industry. Read Full Brief Here

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Feb 26, 2009

TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE

Strategic Buyers - International Deals

* Turkey - 13 Feb: VANET Ticari Yatirimlar Gida Sanayi Tur. Iç ve Dis Tic. A.S. announced the pending acquisition of 99.4% of Metro Turizm Seyahat Organizasyon Ve Ticaret AS for $69.9 million. Based in Istanbul, Metro Turizm provides bus transportation in Turkey and internationally.

* Russia - 13 Feb: Depozitarno-Kliringovaya Kompaniya ZAO announced the acquisition of an additional 13.6% stake of Aeroflot - Russian Airlines. Based in Moscow, Aeroflot provides passenger and cargo air transportation services in Russia and internationally. Terms were not disclosed.

* Japan - 17 Feb: Senko Co., Ltd. announced the acquisition of an additional 46.0% of Tokyo Nohin Daiko Co., Ltd. ("TND"). TND provides trucking and warehousing services from its base in Tokyo, Japan. Terms were not disclosed.

* UK - 18 Feb: Addison Lee PLC announced the acquisition of The Premier Transport Group. Premier provides courier and passenger transport services from its base in London. Terms were not disclosed.

* Kazakhstan - 19 Feb: Kazakhstan Kagazy Plc announced the acquisition of the remaining 10.0% of Astana Contract JSC for $6.4 million. Astana operates warehouses and container terminals from its base in Almaty, Kazakhstan.

Financial Buyers

* Abu Dhabi - 14 Feb: Mubadala Development Company and Abu Dhabi Investment Company announced the pending acquisition of 34.2% of Emirates Ship Investment Company LLC. Based in Abu Dhabi, UAE, Emirates operates tankers, dry bulk carriers and LNG/LPG vessels. Terms were not disclosed.

* Canada - 19 Feb: Bluehill ID AG announced the acquisition of Syscan International Inc. Based in Dorval, Canada, Syscan provides RFID supply chain technology services for the food, pharmaceutical and health care sectors. Terms were not disclosed.

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posted by Unknown @ 12:28 PM  0 comments

Feb 22, 2009

TRANSPORT & LOGISTICS, Mergers & Acquisitions * WORLDWIDE

Strategic Buyers - International Deals

* Canada - 9 Feb: GENIVAR Income Fund has acquired ENTRA Consultants Inc. ENTRA provides transportation planning services from its base in Markham, Canada. Terms were not disclosed.

* The Netherlands - 16 Feb: TNT NV has acquired LIT Cargo. Based in Chile, LIT operates a nationwide, highly automated express parcel network utilizing 55 depots and 496 vehicles. Terms were not disclosed.

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posted by Unknown @ 12:42 PM  0 comments

Feb 12, 2009

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.

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posted by Unknown @ 12:37 PM  0 comments

Jan 14, 2009

T&L MERGERS & ACQUISITIONS * WORLDWIDE

Strategic Buyers - International Deals

* USA - 6 Jan: United Road Services Inc. has acquired Autolog Corporation.
Autolog provides vehicle transportation services from its base in Linden, NJ. Terms were not disclosed.

* Finland - 7 Jan: Globex Transport Ab has acquired Contisped AB.
Based in Hisings Backa, Sweden, Contisped provides over the road transportation services between Portugal and Spain. Terms were not disclosed.

* Sweden - 7 Jan: Alwex Transport Ab has acquired Elitfrakt i Älmhult AB.
Elitfrakt provides transportation services from its base in Älmhult, Sweden. Terms were not disclosed.

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posted by Unknown @ 4:46 PM  0 comments

Jan 8, 2009

T&L MERGERS & ACQUISITIONS * WORLDWIDE

Strategic Buyers - International Deals

* Singapore - 9 Dec: STX Pan Ocean Singapore Pte Ltd and Im Yeop Choi have acquired the remaining 45.5% of STX Gulf Shipping FZCO for $800,000. Based in Dubai, UAE, STX provides dry bulk tanker transportation.

* Denmark - 16 Dec: Frode Laursen A/S has acquired the Scanita, Denmark based freight forwarding operations of Danish Scanita Transport System. Terms were not disclosed.

* Australia - 21 Dec: BAE Systems Australia Limited has acquired Tenix Toll Defence Logistics Pty Ltd ("TTDL") for $109.9 million. TTDL provides warehousing, maintenance and distribution services to the Australian Defence Force.

* Norway - 23 Dec: Ocean HeavyLift ASA has acquired Offshore Heavy Transport AS. Offshore manages heavy transport vessels from its base in Oslo, Norway. Terms were not disclosed.

* Russia -30 Dec: Morbank JSE has acquired an additional 5.6% of Far Eastern Shipping Company Plc ("FESCO") for $39.8 million to increase its ownership to 7.2%. Based in Vladivostok, Russia, FESCO provides shipping, intermodal, railway and container terminal services.

* France - 30 Dec: Louis Dreyfus Armateurs has acquired 23.0% of Fairstar Heavy Transport N.V. ("FHT"). Based in Rotterdam, Netherlands, FHT provides long distance ocean transportation services for offshore and onshore industries worldwide. Terms were not disclosed.

US Domestic Deals

* Valparaiso, IND - 15 Dec: US 1 Industries Inc. announced the pending acquisition of 60.0% of American Road Line, Inc. ("ARL"). Based in Moon Township, PA, ARL is a non-asset based provider of intermodal, dry van, flatbed and other transportation services. Terms were not disclosed.

* Lake Forest, ILL - 23 Dec: Coyote Logistics, LLC announced the pending acquisition of General Freight Services, Inc. ("GFS"). Based in Atlanta, GA, GFS provides freight brokerage services and had TTM revenue of $85 million. Terms were not disclosed.

Financial Buyers

* Warsaw, Poland - 15 Dec: Enterprise Investors has acquired 30.0% of Dystrybucja Polska Sp. z o.o. ul. for $2.1 million. Based in Poznan, Poland, Dystrybucja provides non-addressed mail delivery services.

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posted by Unknown @ 5:49 AM  0 comments

Dec 1, 2008

T & L: MERGERS & ACQUISITIONS * WORLDWIDE

Strategic Buyers - International Deals

* Spain - 14 Nov: Ferrocarrils de la Generalitat Valenciana announced the pending acquisition of 33.3% of Logitren Ferroviaria SA for $114,000. Based in Valencia, Spain, Logitren provides freight transportation via rail.

* Spain - 16 Nov: Transportes Molinero, S.L. has acquired Transportes Frigoríficos Alfaro, S.A. ("TFA") for $7.6 million. Based in Alfaro, Spain, TFA provides cargo transportation and logistics services.

* UK - 17 Nov: Royal Boskalis Westminster NV has acquired the remaining 50.0% of Dragamex S.A. de C.V. Dragamex provides port maintenance from its base in Coatzacoalcos, Mexico. Terms were not disclosed.

* UK - 20 Nov: Culina Logistics Limited announced the pending acquisition of Wincanton Plc's chilled consolidation activities in the UK. Terms were not disclosed.

* Australia - 20 Nov: ComfortDelGro Cabcharge Pty Ltd. announced the pending acquisition of Douglas Kefford Pty Ltd. for $92.4 million. Douglas Kefford provides bus transportation services in the state of Victoria, Australia.

USA Domestic Deals

* USA - 20 Nov: Landair Transport, Inc. has acquired Summit Logistics Services, Inc. Based in Knoxville, TN, Summit provides contract carriage to the bedding industry. Terms were not disclosed.

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posted by Unknown @ 11:16 AM  0 comments

Oct 29, 2008

MERGERS & ACQUISITIONS * WORLDWIDE

Strategic Buyers - International Deals

* UK - 20 Oct : ABC Taxis has acquired Supreme Taxis. Supreme provides taxi service in the UK. Terms were not disclosed.

* Germany - 20 Oct: Kuehne & Nagel International AG announced the pending acquisition of Transports Alloin S.A.S. Based in Villefranche-Sur-Saône, France, Transports Alloin provides 3PL services in France and internationally. Terms were not disclosed.

* Canada - 21 Oct: TransForce Inc. has acquired Roland Thibault Inc. Based in Granby, Canada, Roland provides collection and disposal of non-hazardous solid waste. Terms were not disclosed.

* Singapore - 21 Oct: Singapore Airport Terminal Services Ltd. announced the pending acquisition of Menzies Aviation (Hong Kong) Limited for $2.1 million. Menzies provides ground handling services at the Hong Kong International Airport.

* China - 21 Oct: China State Construction Engineering Corporation announced the pending acquisition of China Overseas Ports Investment Company Limited ("COPIC") for $171.3 million. Based in Shenzhen, COPIC operates ports and provides logistics services.

* Holland- 21 Oct: Schiphol Group announced the pending acquisition of an 8% stake in Aeroports de Paris for $697.9 million. Based in Paris, Aeroports provides airport management services. Aeroports had TTM revenue of $3.8 billion and TTM EBITDA of $1.2 billion.

* UK - 22 Oct: Bring Logistics Solutions AS announced the pending acquisition of Nor-Cargo Ltd. Nor-Cargo provides freight forwarding and logistics management services in the UK and had TTM revenue of $42.0 million. Terms were not disclosed.

* UK - 22 Oct: CWT Commodities Pte Ltd. announced the pending acquisition of Sitos Group B.V. for $10.6 million. Sitos provides commodity logistics services from its base in Amsterdam.

* France - 23 Oct: Synergie SA has acquired A.D.R. Worldwide Logistics. ADR provides courier and postal services from its base in the Netherlands. Terms were not disclosed.

* UK - 23 Oct: Wincanton plc has acquired ELI-Logistik GmbH for $19.3 million. ELI-Logistik provides packaging, contract and transport logistics from its base in Koblenz, Germany.

US Domestic Deals

* USA - 17 Oct: Rock-It Cargo USA, LLC has acquired Dietl International Services, Inc. Based in New York, Dietl provides fine art logistics solutions. Terms were not disclosed.

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posted by Unknown @ 7:55 PM  0 comments