Business

Acquisitions

Chapman Freeborn to target growth following acquisition by Avia Solutions

By Damian Brett

Aviation group Avia Solutions Group has entered into an agreement to acquire UK-headquartered Chapman Freeborn Group as the broker aims…

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Combined DSV-Panalpina to take 6% of forwarding market

By Damian Brett

The combined DSV-Panalpina business will hold a market share of 6% when the deal is completed, according to a report…

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Air Canada ‘finalising’ binding agreement on Transat deal

Air Canada has confirmed that it is “in the process of finalising its binding agreement” to acquire Transat AT Inc,…

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DSV expects Panalpina deal to complete in Q3 as profits rise

DSV expects to close its takeover of Panalpina by the end of the third quarter of this year. In its…

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Panalpina continues to expand in the perishables sector with its latest acquisition

Panalpina will continue the expansion of its perishables network in South America through the acquisition of CargoMaster in Colombia and…

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Rhenus acquires Miami-based Freight Logistics Group

Rhenus has acquired Miami-headquartered high-tech supply chain specialist Freight Logistics as the German freight forwarding group continues on the acquisition…

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CEVA to be de-listed as CMA CGM is set to gain a 98% shareholding

The end of CEVA’s short time on the Zurich Stock Exchange looks to have been confirmed after CMA CGM said…

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Freightos WebCargo acquires Air Freight Bazaar India

E-booking platform Freightos WebCargo has acquired India’s Air Freight Bazaar, a regional air cargo rates and sales platform based in…

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DSV Panalpina: Focus on higher margins and growth rather than slimming down on jobs

DSV intends to lift the profit margin of $4.6bn take-over target Panalpina after the two global freight forwarders have combined…

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DSV boss “happy, proud and humble” to merge with Panalpina

DSV boss Jens Bjørn Andersen said that the proposed $4.6bn merger with Panalpina is expected to complete in around six months. Andersen,…

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