Heavyweights make a splash as M&A sweeps project cargo sector

August 23, 2019 David Badger

The project cargo sector is steaming through choppy waters this summer as the field shrinks in the latest wave of takeovers.
And industry executives expect more consolidation to come.
The biggest splash in the market came early last month, when Dutch heavy-haul heavyweight Mammoet announced it was taking over UK-based ALE.
“Mammoet and ALE complement each other in geographical presence on all continents. Together we have a well-balanced portfolio of activities worldwide,” said ...

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