Southern Towing, a portfolio company of Chicago-based CC Industries, and Sulphur, La.-based Devall Towing have announced the pending operations and management integration of the two companies. The formal joining of… Read More
Mergers and Acquisitions
Parker Towing Company, a Tuscaloosa, Ala.-based maritime transportation company, announced October 11 it has acquired General Marine Services (GMS), a Baton Rouge, La.-based tank barge operator. The acquisition of GMS… Read More
Viterra Ltd., through a wholly owned subsidiary, announced October 3 that it has closed its stock purchase agreement to acquire the grain and ingredients business of Gavilon Agriculture Investment Inc.,… Read More
Shamrock Marine, a Baton Rouge, La.-based provider of personnel and supply launch services and warehousing, started with a simple idea to meet a practical need—one that founder Duncan Armentor had… Read More
VLS Environmental Solutions (VLS), a waste management, railcar cleaning and marine services company headquartered in Houston, entered the marine market in 2019 with the acquisition of Port Arthur, Texas-based Tubal-Cain… Read More
Maritime Partners LLC announced August 10 that it has agreed to acquire M/G Transport Holdings LLC from Auxo Investment Partners LLC and its affiliates. Founded in 1968, M/G provides marine… Read More
MiddleGround Capital, a private equity firm, has acquired PVI Holdings Inc., the parent company of W&O Supply. The acquisition was announced July 19. W&O has more than 45 years of… Read More
Mi-Jack Products, which specializes in rubber-tired gantry cranes, container handling machinery and technology for port and intermodal facilities, has announced it has acquired Yardeye GmbH, a Germany-based automation, collision avoidance… Read More
Americraft Marine, a maritime subsidiary of the Libra Group, announced June 21 that it has acquired St. Johns Ship Building, a full-service marine facility specializing in constructing and repairing Jones… Read More
PTL Marine and Abco Industrial & Marine announced an exclusive partnership May 24 to provide marine, MRO and safety supplies to customers operating on the inland waterways. The combined companies… Read More