M&A Deal Summary

Carolina Coastal Acquires Clinton Terminal Railroad

On August 2, 2023, Carolina Coastal acquired transportation company Clinton Terminal Railroad

Acquisition Highlights
  • This is Carolina Coastal’s 1st transaction in the Transportation sector.
  • This is Carolina Coastal’s 1st transaction in the United States.
  • This is Carolina Coastal’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2023-08-02
Target Clinton Terminal Railroad
Sector Transportation
Buyer(s) Carolina Coastal
Deal Type Add-on Acquisition

Target

Clinton Terminal Railroad

Clinton, North Carolina, United States
Clinton Terminal Railroad is a provider of transportation services. Clinton Terminal Railroad is based in Clinton, North Carolina.

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Buyer(S) 1

Buyer

Carolina Coastal

Wilson, North Carolina, United States
Category Company
Founded 1989
Sector Transportation
DESCRIPTION

Carolina Coastal provides freight transportation and car-storage services to over 45 blue-chip customers, operating across a variety of end markets (including aggregates, food & agriculture, chemicals and metals). Carolina Coastal was founded in 1989 and is based in Wilson, North Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
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