DP World

DP World announced Thursday the acquisition of supply chain solutions provider syncreon at an enterprise value of $1.2 billion. The Dubai state-owned port operator said the deal will allow it to provide end-to-end solutions capabilities to cargo owners. Auburn Hills, Michigan-based syncreon...

DP World, the world's fourth-largest container terminal operator, said it has completed the acquisition of Fraser Surrey Docks in British Columbia, Canada.DP World, headquartered in Dubai, United Arab Emirates, had announced last May that it would acquire Fraser Surrey Docks at Port Metro Vancouver...

DP World's (NDAQ DXB: DPW) recent announcement that it indirectly acquired a 77% stake in Asian ocean shipping feeder and short-sea carrier, Feedertech, has further advanced the container terminal operator's goal of becoming an end-to-end logistics provider. The deal, which is due to close at the...