BGL Announces Global M&A Transaction in the Logistics Industry
July 20 2010
Brown Gibbons Lang & Company (BGL), the United States office of Global M&A, one of the world's leading independent M&A advisory firms, today announced ACM Shipping Group plc ("ACM" or the "Group"), a leading international shipbroker, has entered into an agreement to acquire the business of Endeavour Shipbrokers Pty Ltd. ("Endeavour"), a dry cargo shipbroker based in Melbourne and Sydney.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving middle market companies and their owners throughout the U.S. and internationally. BGL’s professionals are experts in mergers & acquisitions, debt & equity placements, financial restructurings, and valuations & financial opinions. BGL is the lead U.S. shareholder in Global M&A,
the world’s leading partnership of independent middle market financial advisory firms focusing on cross-border transactions. For more information, visit www.bglco.com.
About Global M&A
Global M&A is one of the world's leading independent M&A advisory firms. Specialized in the middle market, we provide support and opportunities locally and internationally for clients buying or selling companies as well as financings, corporate restructurings and other corporate finance transactions. globalm&a
ACM is one of the world's principal shipbrokers and a market leader in oil transportation. Key activities are spot brokerage freight, time charter, project brokerage, sales and purchase, derivatives brokerage, research and consulting. Established in London in 1982, the Group has expanded its international operations with offices in London, Singapore, India and China, employing over 100 brokers and support staff who provide clients with global experience and intimate local knowledge of the world's shipping centres. ACM was admitted to AIM in December 2006. acmshippinggroup
Founded in 2004, Endeavour has offices in Melbourne and Sydney. With a team of 12 dry cargo brokers and support staff, the business concentrates on handy up to supramax size and is a specialist dry cargo shipbroker which has successfully positioned itself as a leading Asia Pacific dry cargo broker. Key activities are spot voyage charters, time charters and period charters with the majority being concluded with large multinational industrial companies.
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