Acquisitions - Move It Magazine

25th January 202325th January 2023

Trackunit completes the acquisition of Flexcavo

Trackunit, a global provider of IoT services, recently completed a deal with Flexcavo, a German company, to expand its presence in the contractor market. As part of the agreement, which was finalized on January 1st, Flexcavo will continue to develop its software solution for contractors and rental clients throughout Europe. Based in Berlin, Flexcavo specializes in …

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23rd January 202323rd January 2023

RINA acquires US-based Patrick Engineering

Multinational Inspection, Certification, and Engineering consultancy firm, RINA, has announced the acquisition of all shares of Patrick Engineering Ltd., a Chicago-based engineering consultancy firm that specializes in infrastructure, transport, and renewable energy. With a revenue of around $82 million and 340 employees across 19 offices primarily located in the Northeast US, Patrick Engineering will become …

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8th December 202215th December 2022

Ritchie Bros. UK further develops its Maltby Colliery site

Equipment auction company Ritchie Bros. UK continues transforming its Maltby Colliery site following its recently completed purchase of the land and remaining buildings. A key development project will see the major renovation of a large historical structure from the old colliery becoming a state-of-the-art equipment workshop. Rupert Craven, Sales Director UK & Ireland: “Since moving …

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7th November 20227th November 2022

Locar expands its fleet with Liebherr

Locar, one of Latin America’s largest companies specializing in crane rental, heavy haulage and lifting platforms, acquired the new LTM 1750- 9.1 from Liebherr. This is because, even though the huge lifting capacity of 800 tonnes, the LTM 1750-9.1 allows quick and easy set-up and low operational expenses. The 9-axle mobile crane can carry its …

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19th July 202221st July 2022

Cattron acquires Tyro Remotes

Cattron has acquired Tyro Remotes, adding to its comprehensive portfolio of wireless remote control and emergency stop solutions. Based in Almelo, Netherlands and founded in 1995, Tyro specializes in developing radio remote controls and wireless emergency stops used in mobile equipment control applications. Tyro adds a solid base of customers throughout Europe, expanding on Cattron’s …

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24th March 202224th March 2022

Wallenius Wilhelmsen acquires ALS

Wallenius Wilhelmsen has just announced the acquisition of ALS, the European non-asset specialist logistics provider offering solutions for oversized, abnormal, exceptional and heavy lift cargo shipments by road, rail, air and sea. With the full acquisition of ALS, Wallenius Wilhelmsen builds a stronger asset-light capability to expand and complement its asset-based services and offer full …

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25th February 202225th February 2022

Blue Water acquires Guyana-based Falcon Logistics

Blue Water acquired the Guyana-owned and operated Falcon Logistics Inc. The international transport and logistics company handles large volumes of cargo for the Oil and Gas sector into Guyana and with the acquisition of Falcon, the company has expanded the range of services to include shore base, warehousing, trucking, laydown management, heavy haulage and lifting project-related …

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5th January 20225th January 2022

Magna Tyres acquires Polish tyre dealer

The Dutch manufacturer Magna Tyres has acquired the Polish tyre dealer Industra Ltd. Financial. The company works with three product categories: industrial tyres (from forklifts to port handling machines), tyres for earthmoving machinery and the agricultural sector (tyres, wheels and tracks). With this acquisition, together with existing structures of Magna Tyres Poland Sp. z o.o., …

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3rd January 20223rd January 2022

Vinci buys ACS’s energy business for €4.9 billion

Vinci has completed the purchase of ACS’s energy business (Cobra IS) after announcing the agreement on 1 April 2021. The acquisition covers most of the contracting business of the ACS Industrial Services division; 9 greenfield concession projects under development or construction, mainly electrical transmission networks in Latin America as well as the renewable energy project …

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20th December 202120th December 2021

Bolloré receives an offer from MSC to acquire Bolloré Africa Logistics

The Bolloré Group has received an offer from the MSC Group to acquire 100% of Bolloré Africa Logistics, comprising all of the Bolloré Group’s transport and logistics activities in Africa, on the basis of an enterprise value, net of minority interests, of €5.7 billion. The Bolloré Group has granted the MSC Group an exclusivity until …

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