Konecranes moves to acquire Peinemann Port Services and Container Handling
NewsKonecranes plans to acquire Rotterdam’s Peinemann Port Services and Container Handling, pending approval from Dutch regulators.
Simon goes to Cobelfret
The Simon Group looks set to be sold to its main client, Cobelfret, following a majority stake taken by the latter’s investment arm Montauban. The initial acquisition price was placed at £95.3M, of which the cash element would be around £51.5M. The Simon Group had a turnover of £26M in 2005, which generated a profit of £3.12M.
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