Thursday, October 1st, 2020
Home » Tag Archives: Acquisition

Tag Archives: Acquisition

Startups: Navis targets small terminals with Octopi TOS acquisition

The Octopi team: Founder and CTO Guille Carlos, head of sales Miles J. Varghese, and founder and CEO Luc Castera.

PortandTerminal.com, March 9, 2019 Miami, FL – Miami-based Octopi, a start-up that provides a cloud-based TOS built for small container and mixed cargo terminals, was acquired by Navis, which is part of the Cargotec Corp. The strategic acquisition of Octopi strengthens Navis’ ability to provide operating software solutions for its terminal customers, regardless of size. With the addition of Octopi …

Read More »

Maersk acquisition of Vandegrift moves it further into land-based logistics and operations

February 13, 2019, PortandTerminal.com Florham Park, New Jersey  – Maersk announced yesterday that it has acquired New Jersey-based customs broker Vandegrift for an undisclosed sum. The acquisition will roughly triple the staff, transactions and revenue of Maersk’s existing brokerage business in North America, according to the Wall Street Journal.  Why did Maersk acquire Vandegrift? Maersk, along with several of its competitors, …

Read More »

Port purchase in Chile: DP World expands its global footprint

Dubai-based port operator DP World says it will buy a 71.3% stake in Chile’s Puertos y Logistica SA, a port services firm in the South American nation. Peter Stewart, PortandTerminal.com, January 10, 2019 Santiago, Chile (January 14, 2019) – Dubai terminal operator DP World is buying a Chilean port operator, further bolstering its global footprint. DP World is acquiring a …

Read More »