ANNC: MAC LTT Acquires Assets of Burch Tank & Truck
MAC Liquid Tank Trailer of Kent, OH, has acquired the manufacturing assets of Burch Tank & Truck of Mt. Pleasant MI. Burch Tank & Truck was founded in 1990 as a custom tank trailer manufacturer…
Tagged: Acquisitions
Investors Acquire MME Inc
Red Arts Capital has partnered with Prudential Capital Partners and Brightwood Capital Advisors to acquire MME Inc. and its wholly owned subsidiaries Midwest Motor Express Inc. and Midnite Express Inc. Financial terms of the transaction…
Polar Acquires C&R Fleet Services
Polar Service Centers, one of the nation’s largest networks of commercial parts and repair facilities for tank trailers and tank trucks, has acquired C & R Fleet Services of Griffin, Ga., company officials announced. Founded…
Equity Firm Buying Direct ChassisLink
Direct ChassisLink Inc. (DCLI) and is subsidiary Blume Global will be acquired by Apollo Global Management, a private equity fund, officials at the two companies said recently. Reuters reported the deal was for about $2.5B…
Consolidation Reshaping LNG Sector
The recent geographical developments in the liquified natural gas (LNG) industry are occurring at a time of consolidation. The $53 billion combination of Royal Dutch Shell and BG Group has created the world’s largest LNG…
Fuel Sector Sees 2 Acquisitions
Quarles Petroleum Inc., a regional provider of residential and commercial fuel based in Fredericksburg, Va., signed a purchase agreement to acquire Revere Gas, a third generation, family-owned retail propane gas distributor based in Hartfield, Virginia…
Garsite Progress Acquires Kansas Operations
Garsite Progress LLC, an entity formed by AFI Partners, is pleased to announce the acquisition of Garsite and Progress Tank, U.S.-based manufacturers of aviation refueling and liquid waste transportation equipment. E.J. Antonio, Managing Partner of…
Groendyke Acquiring McKenzie Tank Lines
Groendyke Transport Inc. of Enid, Okla., and McKenzie Tank Lines Inc. (MTL) recently signed a purchase agreement for Groendyke to acquire all the tank-truck assets of MTL. The companies expect to close the deal by…
Miller Transporters, Heniff Transportation Joining Forces
A sizeable shift is underway in the upper ranks of the nation’s tank-truck industry, with two long-time carriers joining forces to create a single footprint stretching across much of the nation. Heniff Holdco LLC has acquired Miller Transporters Inc…
Universal Acquires Southern Counties
Universal Logistics Holdings Inc. is acquiring Compton, Calif.-based Southern Counties Express Inc. for $65 million, company officials said. The acquisition is part of a move by Universal to expand it intermodal business. Southern Counties provides…
