M&A Deal Summary

Rinchem Acquires Carolina Tank Lines

On October 16, 2019, Rinchem acquired transportation company Carolina Tank Lines

Acquisition Highlights
  • This is Rinchem’s 4th transaction in the Transportation sector.
  • This is Rinchem’s 2nd transaction in the United States.
  • This is Rinchem’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2019-10-16
Target Carolina Tank Lines
Sector Transportation
Buyer(s) Rinchem
Deal Type Add-on Acquisition

Target

Carolina Tank Lines

Burlington, North Carolina, United States
Carolina Tank Lines, Inc. offers transportation services focused on medical instruments and supplies as well as diagnostics and food industries. Carolina Tank Lines is based in Burlington, North Carolina.

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Buyer(S) 1

Buyer

Rinchem

Albuquerque, New Mexico, United States
Category Company
Founded 1976
Sector Transportation
DESCRIPTION

Rinchem is a specialty warehousing and logistics company with a global network of chemical and gas logistics capabilities. Rinchem was founded in 1976 and is based in Albuquerque, New Mexico.

DEAL STATS #
Overall 4 of 4
Sector (Transportation) 4 of 4
Type (Add-on Acquisition) 4 of 4
State (North Carolina) 1 of 1
Country (United States) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-05 JS Transportation

Jersey City, New Jersey, United States

JS Transportation, Inc. is a transportation company. JS Transportation was founded in 1998 and is based in Jersey City, New Jersey.

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