Mergers and Acquisitions

The Great Lakes Towing Company announced recently that it has purchased the Wm. Plotz Machine & Forge Company. The acquisition includes all Plotz Machine’s assets and real estate. “The acquisition… Read More

Viterra Limited, the crop-trading business spun out from Glencore, the world’s largest commodities broker, announced January 24 that it has agreed to acquire the grain-trading business of Gavilon, which also… Read More

Two Norway-based companies announced a merger that is of interest to maritime companies. Scana ASA is the parent company of a group of marine supply companies based in Stavanger, Norway,… Read More

Northern Marine LLC, the marine transportation division of Illinois & Michigan Oil LLC (IMO), announced last week that it has entered into an agreement to acquire the Chicago-area fleeting operations… Read More

Maritime Partners LLC announced December 1 that it has acquired the portfolio of J. Russell Flowers Inc. (JRF). The acquisition includes more than 1,000 marine vessels operating on bareboat charter,… Read More

Terminal and logistics company Enstructure announced November 18 that it has acquired Port Contractors and its affiliates, allowing Enstructure’s expansion to the Mid-Atlantic market. The move positions Enstructure as a… Read More

The Canada Pension Plan Investment Board (CPP Investments) announced September 29 that it has entered into a definitive agreement to become the 100 percent owner of Ports America, North America’s… Read More