Automotive Logistics
  • Home
  • Posts tagged acquisitions

acquisitions

  • Groupe CAT takes over Sintax Logistica

    March 15, 2017

    French transport and logistics provider Groupe CAT has acquired Spanish firm Sintax Logistica for an undisclosed sum. Sintax is an international vehicle logistics provider with a focus on Spain, France, Portugal and Morocco. Its services include new and used vehicle transport, multimodal distribution, compound management and technical services such as pre-delivery inspection, post-production operations, vehicle maintenance …

  • Intel shifts gear in driverless car market with Mobileye acquisition

    March 14, 2017

    Chipmaker Intel has made a massive push into the autonomous car sector with an agreement to buy driverless vehicle technology firm Mobileye for just over $15 billion. The acquisition of the Jerusalem-based technology company, which should be completed over the next nine months, gives Intel access to a vehicle systems, data and services market it …

  • Inttra snaps up Avantida to move into container logistics

    March 14, 2017

    Parsippany, New Jersey-based electronic shipping transaction platform Inttra has acquired Belgian empty container management solutions provider Avantida for an undisclosed sum. Avantida, based in Antwerp, specialises in optimising the handling of empty shipping containers. Its reuse and repositioning applications provide information for shippers and transport companies to help minimise miles driven, increase container velocity, lower …

  • Flash Europe acquires EF-Express group 

    February 15, 2017

    Premium freight provider Flash Europe International has acquired German based EF-Express group for an undisclosed sum. Flash says the deal, the first since investor Eurazeo PME completed the purchase of a 43% share in Flash Europe International in September 2015, is a step towards the goal of at least doubling the company’s size by 2020. Philippe …

  • PSA may buy Opel to become Europe’s second largest carmaker

    February 15, 2017

    French carmaker PSA Group has confirmed it may acquire General Motor’s European business, which includes the Opel and Vauxhall brands. The move could lead to further logistics synergies between the carmakers and logistics provider, Gefco. The deal may be the car industry’s biggest since the Fiat-Chrysler merger was completed post the global financial crisis, and also …

  • OIA Global buys out ACE and opens new site in India

    February 8, 2017

    US-headquartered OIA Global, which provides transport, supply chain management and packaging services, has acquired American Cargo Express (ACE), a US-based provider of domestic and international freight forwarding, warehousing and trade management services, for an undisclosed sum. “Joining forces with ACE expands OIA’s footprint into the highly competitive Canadian market of Toronto and adds to our …

  • LDC Logistics buys the rest of Metro Supply Chain Group

    February 8, 2017

    LDC Logistics has acquired the remaining shares in third-party logistics provider Metro Supply Chain Group (Metro SCG) from private equity investor, Novacap. Over the past 12 years since Novacap’s initial investment, Metro SCG has expanded from its Canadian warehousing roots to provide customised solutions in warehousing, e-commerce fulfilment, transport management and post-production packaging in Canada, …

  • Yusen Logistics buys Transfreight Europe

    February 1, 2017

    Third party logistics provider Yusen Logistics has acquired Mitsui & Co subsidiary Transfreight Automotive Logistics Europe for an undisclosed sum. A Yusen statement said both companies offered expertise in cross-docking, transport and manufacturing plant logistical support and operations, but with complementary regional scope. Ian Veitch, chief regional officer of Yusen Logistics Europe, said: “This business …

  • ECG column: More of the same or all change?

    January 27, 2017

    This year will be one of substantial change, but change brings opportunity… including the opportunity to treat our drivers better Welcome to a new and probably rather interesting year. We entered 2017 in Europe with a period of solid growth and recovery behind us. However, as our quarterly surveys of the membership of ECG tell us, …

  • ZF establishes world’s second largest supplier of aftermarket parts

    January 25, 2017

    Germany’s ZF has established a dedicated new aftermarket division – ZF Aftermarket – which it says is the second largest supplier of premium aftermarket parts in the world. ZF Aftermarket will supply global customers with five product brands and associated services. The move stems from ZF’s takeover of rival parts maker TRW in 2015 and …