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Monday, November 25, 2024
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mergers and acquisitions

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HEAT Show 2024: Al-Kifah strikes 100 unit ready mix truck deal

XCMG has continued its impressive week at the HEAT Show with a major deal to supply 100 units to Al Kifah, one of the...

PlusX Electric advocates for sustainable charging solutions for EVs

Dubai-based PlusX Electric is advocating for the use of ‘more eco-friendly, non-super-fast chargers for electric vehicles (EV)’, stating that there are substantial environmental benefits...

AJEX Logistics Services set to expand with new facility at Bahrain Cargo Village

AJEX Logistics Services (AJEX), a prominent express distribution and shipping solutions provider in the Middle East, has signed a Letter of Intent (LOI) with...

HEAT Show 2024: Action-packed HEAT Show opens in Dammam

The HEAVY EQUIPMENT AND TRUCK (HEAT) SHOW has officially opened its doors at the Dharan Expo, bringing together key players in the heavy equipment...

Cummins acquires Michigan-based Meritor

Cummins has completed its acquisition of Meritor, a global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial...

Terex MP acquires specialist producer of mobile volumetric concrete mixers

Terex Materials Processing (MP) has announced the acquisition of Canada-based ProAll, a specialist producer of mobile volumetric concrete mixers. ProAll's volumetric mixers provide make-to-order, mobile...

Mubadala reaches deal to buy logistics player Canada Cartage

Abu Dhabi-based Mubadala Capital, an asset management subsidiary of Mubadala Investment Company, has reached a definitive agreement to acquire leading logistics platform Canada Cartage, The...

Lubricants giant Valvoline sells core business to Saudi Aramco

Oil giant Saudi Aramco has agreed to acquire Nasdaq-listed Valvoline Inc’s global products unit for US$2.65bn. The Saudi firm – whose capital value on...

Ritchie Bros to acquire Euro Auctions for $1.08bn

Global machinery and equipment auctioneer Ritchie Bros. has announced the acquisition of Euro Auctions for $1,08b, in a move that will expand and consolidate...

Agility: GIS merger one of the largest private M&A deals made in the GCC

The sale of Agility's Global Integrated Logistics (GIL) business to DSV Panalpina A/S (“DSV”) is one of the largest ever private M&A deals made...

ZF says WABCO acquisition can help shape commercial vehicle future

In one of the biggest commercial vehicles mergers in a decade, ZF Friedrichshafen AG (ZF) has completed the acquisition of commercial vehicle technology supplier WABCO. Under...

Italy’s Eni and Austria’s OMV to have 35% stake in Adnoc refining business

Abu Dhabi National Oil Company (Adnoc) has announced strategic equity partnerships and a new joint trading venture with Eni and OMV, giving the former...
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Editor Picks

HEAT Show 2024: Al-Kifah strikes 100 unit ready mix truck deal

XCMG has continued its impressive week at the HEAT Show with a major deal to supply 100 units to Al Kifah, one of the...

PlusX Electric advocates for sustainable charging solutions for EVs

Dubai-based PlusX Electric is advocating for the use of ‘more eco-friendly, non-super-fast chargers for electric vehicles (EV)’, stating that there are substantial environmental benefits...

AJEX Logistics Services set to expand with new facility at Bahrain Cargo Village

AJEX Logistics Services (AJEX), a prominent express distribution and shipping solutions provider in the Middle East, has signed a Letter of Intent (LOI) with...