acquisition News Updates

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Analysts View Traton, Navistar Deal as Win-Win

Navistar International Corp. is on the verge of becoming a subsidiary of German truck maker Traton SE, a step analysts said is a positive development for both companies.

October 20, 2020
BusinessTop 100

Kenan Advantage Group Acquires Canadian-Based Paul’s Hauling

Kenan Advantage Group has completed its acquisition of Paul’s Hauling Ltd.

October 2, 2020
BusinessEquipment

Shyft Group Acquires Aluminum Truck-Body Maker F3 MFG

The Shyft Group has acquired aluminum truck body and accessory manufacturer F3 MFG Inc., it was announced Oct. 1.

October 1, 2020
BusinessLogistics

American West Announces Acquisition of Innovative Delivery Systems

American West Worldwide Express closed the acquisition of furniture delivery-service Innovative Delivery Systems, the company announced March 16.

March 23, 2020
BusinessLogistics

Nolan Transportation Acquires Eagle Transportation

Nolan Transportation Group, an Atlanta-based non-asset truckload freight brokerage and third-party logistics service, acquired Eagle Transportation, a Mississippi-based freight brokerage specializing in temperature-controlled shipping, according to a Jan. 17 news release.

January 21, 2020
Business

Rinchem Co. Acquires Carolina Tank Lines

Chemical management services company Rinchem Co. announced it acquired Carolina Tank Lines, a carrier based in Burlington, N.C.

October 18, 2019
Business

Kottke Trucking Acquires Wayne T. Fellows Inc.

Kottke Trucking Inc. has acquired Wayne T. Fellows Inc., a trucking company focused on refrigerated less-than-truckload and truckload shipping based out of Davenport, Fla., according to Kottke officials.

August 7, 2019
BusinessLogistics

Performance Food to Buy Rival Supplier Reinhart for $2 Billion

Performance Food Group Co. agreed to buy Reinhart Foodservice for $2 billion in a combination of U.S. food suppliers.

July 1, 2019
BusinessLogistics

Brookfield Buys Rail Operator Genesee for $8.4 Billion

An affiliate of Brookfield Asset Management Inc. agreed to buy railroad company Genesee & Wyoming Inc. for about $6.3 billion, expanding its global portfolio of rail companies with a 120-line network spanning North America, Europe and Australia.

July 1, 2019
BusinessFuel

Chevron Walks Away From $33 Billion Deal to Buy Anadarko

Chevron Corp. is abandoning its $33 billion offer for oil driller Anadarko Petroleum Corp., the culmination of a monthlong bidding war in which Occidental Petroleum Corp. prevailed over a rival five times its size.

May 9, 2019