Private equity firm CapitalWorks of Cleveland, Ohio, announced November 25 it has completed a majority investment in Electromechanical Research Laboratories Inc. (ERL) of New Albany, Ind., and subsidiary Law Valve… Read More
Mergers and Acquisitions
Ingram Barge Company LLC announced November 10 that its wholly owned subsidiary, Houston Fleeting Services LLC, has entered into an agreement to acquire the business assets of Houston-based Cheryl K… Read More
StonePoint Materials LLC announced September 21 its acquisition of River Aggregates LLC, which operates two sand and gravel facilities serving Houston and Beaumont, Texas. River Aggregates will complement StonePoint’s subsidiary Southern… Read More
Bulk terminals and logistics company Enstructure announced the acquisition of marine terminal operator Ambassador Services Inc. on August 5. Ambassador, based in Port Canaveral, Fla., will continue to operate with… Read More
BW Terminals Inc. and Contanda LLC, Houston-based liquid storage terminal providers, announced July 6 the two companies have combined under the name BWC Terminals. The two companies had been under… Read More
Kirby Corporation announced April 2 that it has completed the acquisition of Savage Inland Marine’s inland barge fleet, announced January 30. The total consideration paid was approximately $278 million and… Read More
Kirby Corporation announced January 30 that it had signed a definitive agreement to acquire the inland marine fleet of Savage Inland Marine for approximately $278 million in cash and the… Read More
Mansfield Energy Corporation subsidiary O’Rourke Petroleum announced January 7 the acquisition of the marine fuel distribution assets of J.A.M. Distributing Company. Based in Houston, O’Rourke Petroleum is a distributor of… Read More
Associated Terminals, the Convent, La.-based cargo handling and logistical solutions company, announced January 21 the acquisition of New Orleans Bulk Terminal, a privately-owned, 50-acre facility located just off the Gulf… Read More
Turn Services, the New Orleans-based fleeting and shifting company that provides a variety of services to companies operating on the inland waterways of the United States, announced January 21 the… Read More