M&A Deal Summary |
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---|---|
Date | 2019-03-14 |
Target | Cenac Marine - Marine Transportation Fleet |
Sector | Marine |
Buyer(s) | Kirby |
Sellers(s) | Cenac Marine |
Deal Type | Divestiture |
Deal Value | 244M USD |
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Category | Company |
---|---|
Founded | 1921 |
Sector | Transportation |
Employees | 5,450 |
Revenue | 3.1B USD (2023) |
Kirby is a domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, the Gulf Intracoastal Waterway, coastwise along all three United States coasts and in Alaska and Hawaii. Kirby transports petrochemicals, black oil products, refined petroleum products and agricultural chemicals. Kirby was formed in 1921 and is based in Houston, Texas.
DEAL STATS | # |
---|---|
Overall | 10 of 11 |
Sector (Marine) | 4 of 4 |
Type (Divestiture) | 3 of 4 |
State (Louisiana) | 2 of 2 |
Country (United States) | 10 of 11 |
Year (2019) | 1 of 1 |
Size (of disclosed) | 5 of 8 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-11-12 |
CGBM 100 - Inland Tank Barge Fleet
Kenner, Louisiana, United States CGBM 100 LLC - Inland Tank Barge Fleet consists of 27 CGBM's 10,000 barrel inland marine tank barges which have a total capacity of approximately 270,000 barrels. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-01-30 |
Savage - Inland Tank Barge Fleet
Midvale, Utah, United States Savage's Inland Tank Barge Fleet provides 90 inland tank barges and 46 inland towboats. |
Buy | - |
Category | Company |
---|---|
Founded | 1920 |
Sector | Marine |
Employees | 400 |
Cenac Marine LLC is an operator of tank barges and towboats participating in the inland tank barge transportation industry in the United States. Cenac is known throughout the towing industry for its excellence in customer service, highlighted by an impeccable safety record and an unwavering commitment to strict maintenance and operational standards built upon a foundation of experience dating back to the 1920s.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Marine) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Louisiana) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2019) | 1 of 1 |
Size (of disclosed) | 1 of 1 |