Mergers & Acquisitions

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Palfinger Ned-Deck Branded Under One Name

Since the integration of Ned-Deck Marine into the Palfinger Group in 2010, the Business Area Palfinger Marine said it has strengthened its position as a deck equipment supplier in the maritime,

Harkand Set to Acquire Veolia Marine Services

Harkand, the international subsea inspection, repair, maintenance and light construction group, announced an agreement to acquire the main assets and business of Veolia Marine Services (VMS).

MHI Acquires Pratt & Whitney Power Systems

Mitsubishi Heavy Industries, Ltd. (MHI) completed its acquisition of Pratt & Whitney Power Systems, the small and medium-size gas turbine business unit of Pratt & Whitney (P&W),

Tidewater to Acquire Troms Offshore Supply

US Firm, Tidewater, agrees with HitecVision to purchase Norway's Troms offshore, including 5 large PSV's. Tidewater say that the acquisition of Troms Offshore,

KVH Industries Acquires Headland Media

KVH Industries, Inc. announced that it has acquired Headland Media Ltd., a media and entertainment services company. Headland Media is a provider of commercially licensed news,

Crowley Enters LNG Market

Crowley Maritime Corporation's petroleum services group is entering the Liquefied Natural Gas (LNG) market by acquiring Carib Energy LLC.  Florida-based Carib Energy,

ABB Acquires Los Gatos Research

ABB to acquire Los Gatos Research (LGR) adding a new line of high-performance gas analyzers to its measurement business. Los Gatos Research (LGR) of Mountain View,

Descartes Acquires KSD Software

Descartes Systems Group, a global company in uniting logistics-intensive businesses in commerce, acquired KSD Software Norway AS (KSD), a Scandinavia-based provider

PT Group Acquires SP Gears

The PT Group, headed by Chris Oswald, announced the acquisition of SP Gears, a British specialist gear manufacturer, based in Orpington, Kent. The company,

Deep Sea Mooring Acquired by HitecVision

HitecVision acquires 100% of Deep Sea Mooring, a subsidiary of Odfjell Drilling, a privately owned international drilling contractor. Deep Sea Mooring is a significant

Japanese Shipbuilders Discuss Business Integration

Kawasaki Heavy Industries Ltd. and Mitsui Engineering & Shipbuilding Co. began preliminary discussion on potential business integration, Japan Times reported. The

Wilhelmsen Technical Solutions Acquires Maritime Protection

Wilhelmsen Technical Solutions AS (WTS) has signed an agreement to acquire 100% of the shares in Maritime Protection AS (MP), strengthening the inert gas portfolio

Orolia Launches Marine Solutions Unit

Orolia, a global specialist in critical GPS applications, announced the launch of McMurdo Marine Solutions, a new business unit dedicated to integrated solutions

WTS Acquires Tankship & Rig Inert Gas Provider

Wilhelmsen Technical Solutions AS (WTS) acquires Maritime Protection AS,  strengthening its safety portfolio for the marine & offshore segments. WTS has signed

LOC Group Acquires SCUA Middle East Consultancy

LOC Group is pleased to announce the acquisition of SCUA Middle East Consultancy with effect from April 1, 2013. This acquisition combines LOC Middle East and

Three Companies Form Subsea Global Solutions

The Subsea Solutions Alliance between three underwater service companies – Miami Diver LLC, Parker Diving Service and Trident BV – formed one corporate entity, Subsea Global Solutions.

UK Subsea Equipment Firm Sells US Instruments Business

Ashtead Technology, announces the sale of its North American Instruments business. The Instruments business, which specialises in the rental of onshore environmental monitoring,

Konecranes to Collaborate with KION Group

Konecranes to buy certain assets of the container handling truck business of KION Group-owned Linde Material Handling.     •    Konecranes to acquire certain assets

Yanmar Announces VETUS to join Yanmar Group

Yanmar said VETUS has joined the Yanmar Group as of January 1, 2013.  VETUS is a well-known player in the international market for its in-house engineered boat equipment systems.

Lineage Logistics Acquires Seattle Cold Storage

Lineage Logistics, a warehousing and logistics company sponsored by Bay Grove Capital LLC, announced today that it has acquired the assets of Seattle Cold Storage

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