M&A Deal Summary

American Commercial Barge Line Acquires AEP River Operations

On October 1, 2015, American Commercial Barge Line acquired transportation company AEP River Operations from AEP for 550M USD

Acquisition Highlights
  • This is American Commercial Barge Line’s 1st transaction in the Transportation sector.
  • This is American Commercial Barge Line’s largest (disclosed) transaction.
  • This is American Commercial Barge Line’s 1st transaction in the United States.
  • This is American Commercial Barge Line’s 1st transaction in Missouri.

M&A Deal Summary
Date 2015-10-01
Target AEP River Operations
Sector Transportation
Buyer(s) American Commercial Barge Line
Sellers(s) AEP
Deal Type Divestiture
Deal Value 550M USD

Target

AEP River Operations

St. Louis, Missouri, United States
website
AEP River Operations is a commercial inland barge company delivering about 45 million tons of products annually, including 10 million tons of coal.

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Buyer(S) 1

Buyer

American Commercial Barge Line

Jeffersonville, Indiana, United States

website

Category Company
Founded 1915
Sector Transportation
Employees2,500
DESCRIPTION

American Commercial Lines Inc. is an integrated marine transportation and service company operating in the United States.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 1
State (Missouri) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

AEP

Columbus, Ohio, United States

website

Category Company
Founded 1906
Sector Utilities
Employees16,974
Revenue 19.6B USD (2022)
DESCRIPTION

AEP is a utility holding company. AEP owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a more than 40,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP was founded in 1906 and is based in Columbus, Ohio.

DEAL STATS #
Overall 2 of 4
Sector (Transportation) 1 of 1
Type (Divestiture) 1 of 3
State (Missouri) 1 of 1
Country (United States) 2 of 4
Year (2015) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-21 Sweeny Cogeneration

Houston,, Texas, United States

Sweeny Cogeneration engages in the generation of electricity, It is a nominal 450-megawatt cogeneration plant.

Sell $80M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-14 American Electric Power - Four Competitive Power Plants

United States

American Electric Power - Four Competitive Power Plants comprises four power plants totaling approximately 5,200 megawatts (MW). Power plants are Lawrenceburg Generating Station, 1,186 MW natural gas, Lawrenceburg, Indiana, Waterford Energy Center, 840 MW natural gas, Waterford, Ohio Darby Generating Station, 507 MW natural gas, Mount Sterling, Ohio and Gen. James M. Gavin Plant, 2,665 MW coal, Cheshire, Ohio.

Sell $2.2B
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