Mergers/Acquisition/Privatisation
Mergers/Acquisition/Privatisation describes the consolidation of companies or assets through various types of financial transactions, including mergers, acquisitions, state privatisation, consolidations, tender offers, purchase of assets, and management acquisitions. Also includes port privatisation and port concessions which include equity holdings.
Alexandroupolis Port Authority receives U.S. Embassy officials
Alexandroupolis, Greece (Ports Europe) August 12, 2021 – The Alexandroupolis Port Authority (OLA) has hosted a visit by the Political Affairs Counselor...
Israel’s Haifa port privatisation expected to attract four bidders – DP World seen as leading the front runner consortium
Haifa, Israel (Ports Europe) August 10, 2021 – A joint venture between Dubai’s DP World and Israel Shipyards Industries looks like the front runners in the...
A.P. Moller – Maersk to acquire E-commerce Logistics companies in Europe and the US
Today, A.P. Moller – Maersk (Maersk) has announced the acquisition of Visible Supply Chain Management (Visible SCM), a business-to-consumer (B2C)...
Tanger Med to buy 35% stake in Marsa Maroc from the state
Tanger Med, Morocco (Ports Europe) July 29, 2021 – Tanger Med, the operator of the same named port, is to acquire 35% of Marsa Maroc (Société...
Thessaloniki Port Authority – Information circular for the mandatory public tender offer
News – Thessaloniki Port Authority (ThPA) – July 28, 2021 Approval and publication of the information circular and commencement of the acceptance...
Grimaldi and Armas Trasmediterranea agreement: Trasmed GLE established
An agreement was signed today in Madrid for the acquisition by Trasmed GLE, the new Spanish company of the Grimaldi Group, of five ferries for the transport of...
Grimaldi finalises Armas Trasmediterránea acquisition
Naples, Italy (Ports Europe) July 20, 2021 – Grimaldi has completed the €375 million agreement to acquire assets of the Iberian shipping company...
Submission of expression of interest by six interested parties for the concession of the Kalamaria marina
The Hellenic Republic Asset Development Fund (HRADF S.A.) announces that six Interested Parties have submitted an Expression of Interest for the concession of...
Uljanik d.d. shipbuilding group to sell stake in 3. Maj shipyard
Zaghreb, Croatia (Ports Europe) July 7, 2021 – Uljanik d.d. shipbuilding group, currently under bankruptcy proceedings, is inviting expressions of...
Turkish Competition Board rules against TIL acquisition of Marport
Istanbul, Turkey (Ports Europe) July 6, 2021 – The Turkish Competition Board (Rekabet Kurumu) has published its decision on the acquisition of sole...
European Commission commences Phase II review of the merger between Cargotec and Konecranes
On 1 October 2020, Cargotec Corporation and Konecranes Plc announced that the companies have signed a combination agreement and plan to combine through a...
DP World acquires leading US-based supply chain solutions provider
DP World announces the acquisition of 100 per cent of syncreon for an enterprise value of US$1.2 billion. This transaction is subject to customary completion...
Swissterminal Group begins operations in France
Frenkendorf, Switzerland, 30 June 2021: Swissterminal AG will officially take over the operation of three inland ports in the Alsace region – Ottmarsheim,...
CMA CGM acquires Spanish rail operator Continental Rail
Madrid, Spain (Ports Europe) July 2, 2021 – The global shipping and logistics group CMA CGM has acquired Spain’s Continental Rail, via CCIS, its...
Cargill becomes majority shareholder of its joint venture Neptune at Port Pivdennyi on the Black Sea
Kyiv, Ukraine (July 16, 2021) – Cargill has finalized its commitment to become the majority (51%) shareholder of its joint venture Neptune. The deep...
Belterra launches mandatory bid for Thessaloniki Port Authority
Thessaloniki, Greece (Ports Europe) July 1, 2021 – Belterra Investments Ltd has announced the launch of a Mandatory Public Takeover Bid to all holders of...
CVC Capital Partners and China Merchants Holdings may seek Kumport stake
Istanbul, Turkey (Ports Europe) May 26, 2021 – CVC Capital Partners and China Merchants Holdings International Co. are two companies interested in...