Mergers & Acquisitions
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NewsNorthStandard merger creates insurance superpower
The merger of two of the world’s largest maritime insurance providers will create a new insurance superpower
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Teledyne enhances security offering with ChartWorld
Teledyne has expanded its digital offering with the purchase of Cyprus-based ChartWorld International.
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SAIM Group buys UK genset distributor
The purchase of a marine generator firm opens up the UK market to Italian firm SAIM Group.
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Marlink acquires HRS satcom arm
Marlink strengthens its presence in Greece with the acquisition of Hellenic Radio Services
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Kotug completes Seaways takeover
Acquisition brings together two leading companies in the global floating offshore sector
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Alfa Laval acquires BunkerMetric
A tech take over is poised to enhance voyage optimisation services for the bunker sector
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Semco buys 20% of offshore energy firm
A strategic partnership has been agreed with Semco Energy taking over 20% of an offshore energy firm.
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Wilhelmsen buys 99% of NorSea
A major Norwegian shipping group has increased its ownership in offshore logistics firm NorSea.
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Reports claim CMA CGM poised for buyout
French shipping firm CMA CGM will take over a logistics firm once it has been returned to its French owners, according to reports.
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Schottel strengthens grip on propulsion
Propulsion firm Schottel has bought a majority stake in system integration specialist firm Elkon.
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Fender maker buys fender maker
Fender Innovations has expanded its product offering with the purchase of heavier fender manufacturer PolyMarine Service.
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CSM Monaco expands operations to form new JV
Merger will bring integrated maritime services to clients in France, Italy and Monaco
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UK civils firms join forces
Devon-based marine and civil engineering specialists, Teignmouth Maritime Services Ltd (TMS) has become a 50% shareholder of Kent-based hydraulic engineering specialists, Hesselberg Hydro UK Ltd, combining nearly 60 years’ experience and expertise in the maritime construction sector.
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Manor Renewable Energy snapped up by fast-growing group
Manor Renewable Energy has been bought by global offshore services business OEG Offshore for an undisclosed sum.
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Garmin acquires Vesper Marine
Garmin has acquired Vesper Marine, a privately-held, New Zealand-headquartered provider of AIS, VHF and vessel monitoring solutions for the marine industry.
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Safety and electronics acquisition
Ernströmgruppen AB has agreed to acquire Daniamant A/S and Daniamant Ltd., a Danish-based marine electronics company, from the NTR Holding A/S Group.
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Germans negotiate another shipyard merger
It has been revealed that another merger of north German shipyards could be in the offing - just a month after the last one was agreed, writes Tom Todd.
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Merger creates heavy lift giant
A recent merger has created industry’s largest global provider of engineered heavy lifting and transport services.
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Hatteland merger
Maritime display and computer manufacturer Hatteland Display has announced that it is merging with advanced technology solutions provider Elektronix.
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Norway ocean technology powerhouse emerges
Norway’s newly formed Global Ocean Technology Group is gathering key marine energy technologies and services together in one company with a view to providing a one-stop-shop to the global marine and energy market.
