#acquisition
(9 articles)Penske Automotive goes private in $212/share buyout deal
Penske Automotive Group has accepted a buyout offer from two of its current owners: Penske Corp (which will hold 64% post-acquisition) and Mitsui & Co. Ltd. The transaction values the company at $212
RoadOne Expands Southeast Footprint Through Higgins Transport Acquisition
RoadOne has completed an acquisition of Higgins Transport Service, marking a strategic consolidation move designed to enhance the acquirer's logistics footprint across the Southeast United States. Thi
A.P. Moller Capital Acquires Majority Stake in Moroccan Logistics Leader Globex
A.P. Moller Capital, the investment arm of Denmark-based Maersk Group, has announced a majority stake acquisition in Globex Investissement, Morocco's leading logistics operator. This transaction repre
A.P. Moller Acquires Moroccan 3PL Globex to Expand Africa Operations
A.P. Moller, the Danish conglomerate and parent company of Maersk, has announced its acquisition of Globex, a third-party logistics provider based in Morocco. This strategic move represents a signific
CMA CGM Acquires FedEx Logistics Arm for $1.4B
CMA CGM Group, a global leader in ocean shipping and logistics, has announced its acquisition of FedEx's logistics arm for $1.4 billion. This transaction marks a strategic consolidation in the logisti
H.Essers Acquires Palmer Logistics: European Carrier Enters U.S. Market
H.Essers, a major European logistics provider, has entered the United States market by acquiring Palmer Logistics. This strategic acquisition represents a significant competitive move in the internati
CMA CGM Eyes $1.4B FedEx Logistics Acquisition in US Push
CMA CGM, the world's third-largest container shipping line, is in advanced negotiations to acquire FedEx Logistics for approximately $1.4 billion, marking a significant strategic push into US domestic
CMA CGM Acquires FedEx Supply Chain for $1.4B
CMA CGM Group, one of the world's largest shipping and logistics companies, has announced the acquisition of FedEx Supply Chain at an enterprise value of $1.4 billion. This strategic transaction repre
CMA CGM acquires FedEx logistics arm for $1.4bn US expansion
CMA CGM, a leading global container shipping line, has acquired FedEx's logistics division for approximately $1.4 billion, marking a significant strategic pivot toward integrated logistics services in