Belfast logistics company TR Group has acquired the logistics and warehousing operations of Rotterdam-based BG Freight Line, part of Peel Ports UK. The details of the deal were not disclosed.
Finnish logistics group John Nurminen Oy has announced the acquisition of art shipping specialists Gerlach Art Packers & Shippers from UTi (Netherlands) Holdings BV.
Stockholm-based business communications company Intellecta AB has announced it has acquired Hilanders Advertising Agency in a share deal worth SEK20 million (£1.7 million). The transaction also includes further payments dependent on the business’ performance over the following three years.
An African conglomerate with a portfolio of investments across the continent has paid US$6 million (£3 million) for a 45 per cent stake in a South African shipping line.