M&A Deal Summary

Grammer Logistics Acquires Sterling Transport

On April 3, 2019, Grammer Logistics acquired transportation company Sterling Transport

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

M&A Deal Summary
Date 2019-04-03
Target Sterling Transport
Sector Transportation
Buyer(s) Grammer Logistics
Deal Type Add-on Acquisition
Advisor(s) Confluence Advisors (Financial)
Robbins May & Rich (Legal)

Target

Sterling Transport

Vass, North Carolina, United States
Sterling Transport Co., Inc. is a transporter of hazardous and specialty chemicals and materials, serving customers in the Southeast, the Midwest, as well as the East Coast and states further West, including Texas. Sterling Transport Co., Inc. was founded in 1939 and is based in Vass, North Carolina.

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Buyer(S) 1

Buyer

Grammer Logistics

Columbus, Indiana, United States
Category Company
Sector Transportation
DESCRIPTION

Grammer Logistics is a transportation hauler of bulk hazardous liquids serving the eastern half of the United States. The Company stands on its foundation of safety and unsurpassed customer service as the key components of its longevity and success. Grammer Logistics is based in Columbus, Indiana.

DEAL STATS #
Overall 1 of 3
Sector (Transportation) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (North Carolina) 1 of 1
Country (United States) 1 of 3
Year (2019) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-09 LiMarCo Logistics

Houston, Texas, United States

LiMarCo Logistics LLC is a regional hauler of Liquefied Petroleum Gas (“LPG”) / Natural Gas Liquids (“NGL”), with geographic focuses in Louisiana, Oklahoma, and the Upper Texas Gulf Coast and West Texas regions.

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