New buyers are being sought for Frankfurt-Hahn Airport group after a deal with Swift Conjoy fell through. Currently in administration,…
Business
GCL accelerates its expansion with automotive acquisition
06 / 02 / 2023
Global Critical Logistics (GCL) has acquired UK-based Classic Automotive Relocation Services (CARS) as it looks to expand its geographical presence…
Scan Global Logistics outlines benefits of new majority owners
06 / 02 / 2023
Scan Global Logistics is hoping that its new majority owners will help the company achieve its ambitious growth plans as…
CVC takes majority stake in fast-growing Scan Global Logistics
06 / 02 / 2023
Fast-growing freight forwarder Scan Global Logistics has a new majority shareholder in the shape of private equity fund CVC Capital…
Freightos begins trading as a public company
26 / 01 / 2023
Freightos has completed its merger with acquisition company Gesher and has commenced trading as a public company on the Nasdaq…
Air charter demand rising
20 / 01 / 2023
The global air charter services market is expected to be valued at $31.9bn in 2023, according to a US market…
Lufthansa submits offer to acquire a stake in ITA Airways
19 / 01 / 2023
Lufthansa has confirmed it aims to acquire a minority stake in Italian national carrier ITA Airways with options for a…
SATS shareholders approve WFS acquisition
18 / 01 / 2023
Singapore-based SATS’ shareholders have voted to approve the planned takeover of cargo-handling giant Worldwide Flight Services (WFS). At an Extraordinary…
GEFCO to be re-branded as CEVA following takeover
11 / 01 / 2023
Automotive logistics firm Gefco will be re-branded as CEVA Logistics and become part of a newly created Finished Vehicles Logistics…
Maersk completes Martin Bencher acquisition
04 / 01 / 2023
Maersk has completed the acquisition of Danish project logistics specialist Martin Bencher Group as it strives to diversify its supply…