Mergers and Acquisitions

Turn Services Completes Bayou Fleet Acquisition

Turn Services, a New Orleans-based provider of fleeting and towing services, has announced it has completed the acquisition of Bayou Fleet, located at Mile 125.5 on the Lower Mississippi River. Turn Services first announced the agreement just over a month ago.

Bayou Fleet covers about 85 acres along the batture on the west bank of the river in Hahnville, La. The facility and barge fleet provides fleeting, shifting and both dry cargo and liquid barge cleaning, with operations independent of river stages.

“The acquisition of Bayou Fleet is significant for Turn Services,” said Mario Muñoz, president of Turn Services, in a statement when the acquisition was first announced. “This location, coupled with our other fleets along the Lower Mississippi River, allows us to offer our customers efficient solutions for the movement of their cargo.”

Over the past couple of years, Turn Services has also acquired Dockside Fleet and Michoud Fleet in the New Orleans area and has taken over fleeting operations at InterGulf Fleet in Houston. The company has also grown its lock tripping, “last mile” towing and towboat chartering business, while also adding to its fleet of towboats.