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Mergers and Acquisitions

U.S. Steel Buys Remaining Equity Of Big River Steel

December 15, 2020

United States Steel Corporation announced December 8 that it has exercised its call option to acquire the remaining equity of Big River Steel for approximately $774 million from… Read More

Turn Services To Acquire Bayou Fleet Bayou Fleet.

Turn Services To Acquire Bayou Fleet

December 14, 2020

Turn Services, a New Orleans-based barge fleeting and shifting company that also offers barge repair and cleaning services, has announced a definitive agreement to acquire the assets and business… Read More

SEACOR Holdings Taken Private In $1 Billion Deal

December 11, 2020

SEACOR Holdings Inc. announced December 7 that it has entered into a definitive agreement with an affiliate of American Industrial Partners—a New York-based private equity firm that focuses… Read More

CapitalWorks Completes Majority Investment In ERL

December 11, 2020

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… Read More

Ingram To Acquire Cheryl K And San Jacinto River Fleet The mv. Tyler T of the Cheryl K fleet. (Photo by Jeff L. Yates)

Ingram To Acquire Cheryl K And San Jacinto River Fleet

November 10, 2020

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 Announces Acquisition Of River Aggregates

October 7, 2020

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… Read More

Enstructure Announces Acquisition Of Ambassador Services Inc.

August 24, 2020

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… Read More

BW Terminals, Contanda Unite As BWC Terminals

July 22, 2020

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… Read More

Kirby Closes On Savage Inland Marine Acquisition

April 6, 2020

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… Read More

Kirby To Buy Savage Inland Marine Fleet

Kirby To Buy Savage Inland Marine Fleet

January 30, 2020

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… Read More

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