The EU Commission has approved Dachser's acquisition of 80 per cent of Fercam groupage and contract logistics business in Italy, the German freight forwarder announced this week.

EU Commission approves Dachser’s Italian acquisition

Slough-based logistics company DX Group has reached an agreement on a £315 million takeover bid from HIG Capital LLC, a private equity firm. The deal, announced on Thursday 16 November, will see DX shareholders receive 48.5 pence per share, valuing the company at £314.8 million.

DX Group sold for £315 million in private equity deal

Waberer's International has signed a purchase agreement to acquire a 51% stake in rail logistics company Petrolsped Kft., the Hungarian logistics and transport company announced on Friday. Financial details of the transaction were not disclosed.

Waberer’s acquires majority stake in €55m rail logistics company

To fortify its position in the electric vehicle market, Volvo Group has announced the acquisition of the battery business of Proterra Inc. and Proterra Operating Company Inc. This announcement follows the voluntary Chapter 11 bankruptcy proceedings initiated by Proterra, with Volvo emerging as the winning bidder in an auction for the assets of the Proterra Powered business unit.

Volvo acquires Proterra’s battery business amidst Proterra’s Chapter 11 bankruptcy

The temperature-controlled transport, logistics, and packaging service provider Stef Group is acquiring Bakker Logistiek, a fourth-generation family-owned Dutch company specializing in transport, logistics, and packaging services for food products.

Temperature-controlled T&L provider Stef group acquires Dutch Bakker Logisitek

Waberer's is acquiring MD International, a major player in the Serbian distribution market, the company announced on Friday 6 October. MDI's core activities include distribution, road transport and warehousing, which, as Waberer's hopes, will effectively support its strategic goal of becoming the leading complex logistics provider in the region.

Waberer’s Group acquires major player in Serbian distribution market

Dachser is strengthening its presence in Italy by acquiring a majority stake in the general cargo and contract logistics business of Fercam. The joint venture is said to create a leading provider of general cargo and contract logistics in Italy.

Dachser acquires 80% stake in Italian general cargo and contract logistics business

French temperature-controlled transport company has acquired UK-based freight forwarder Perishables Movements Limited and is taking on all employees with immediate effect.

UK-based Perishable Movements Limited acquired by French company

Delivery solutions provider DX  is taking on 15 Tuffnells sites, across the UK, including the outright purchase of the freehold of one site for a total of £1 million in cash, and 250 employees at least, Tuffnells administrators announced on Thursday.

DX takes on 15 Tuffnells sites, 250 employees and 550 customers, administrators announce

Logistics group Shift has reached an agreement to acquire British delivery brand Tuffnells following its collapse in June, according to a report by Sky News.