acquisition News Updates

BusinessEquipment

Penske Automotive Group Buys Winnipeg Truck Retailer

Penske Automotive Group on June 5 acquired Transolutions Truck Centres, a Canadian retailer of medium- and heavy-duty commercial trucks and buses.

June 7, 2023
Business

TRM Equity Buys Some of National Railway Equipment's Assets

TRM Equity has acquired some of the assets of National Railway Equipment Co., the Southfield, Mich.-based private equity firm said May 2.

May 4, 2023
BusinessLogisticsTop 100

NFI Acquires SDR Distribution

NFI has acquired SDR Distribution Services, a multichannel provider of custom warehousing and distribution solutions, the company announced April 18.

April 24, 2023
BusinessLogisticsGlobal Freight

Nippon Express in Talks to Buy Logistics Firm Cargo-Partner

Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.

April 18, 2023
BusinessTechnologyEquipmentSafetyLogisticsGlobal Freight

CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

April 18, 2023
BusinessEquipment

Ritchie Shareholders Approve $6 Billion IAA Takeover

Shareholders of heavy equipment auctioneer Ritchie Bros. approved the company’s plan to acquire vehicle-seller IAA Inc., ending a battle to block the $6 billion deal.

March 14, 2023
BusinessTechnologyLogistics

Nova Subsidiary Harbor Logistics Acquires ATS Logistics

Middle-market infrastructure investment firm Nova Infrastructure announced that Harbor Logistics, one of Nova’s existing portfolio companies, acquired ATS Logistics Inc., a provider of transportation and warehousing services in Charleston, S.C.

January 11, 2023
BusinessLogistics

Trucking M&A Activity Heads Toward Year-End Boost

The trucking and logistics industries could be headed for another year-end boost in merger and acquisition activity.

November 21, 2022
BusinessTechnology

Escalent Acquires Rhein Associates

Escalent, a data analytics and advisory firm, announced it acquired Rhein Associates and also secured a partnership with Work Truck Solutions to create a commercial vehicle and fleet research and advisory practice.

November 8, 2022
BusinessTechnologyLogistics

Ascend Acquires Fuchs Trucking

Logistics services provider Ascend announced it acquired Fuchs Trucking, based in Sauk City, Wis., a move intended to deepen Ascend’s footprint in the upper Midwest.

November 7, 2022