Bulk chemical transporter A&R Logistics acquired

Private equity Wind Point Partners has taken over Kentucky-based A&R Logistics, which plans to continue building resins handling facilities in Charleston and Savannah.

Bulk chemical transporter A&R Logistics acquired

Private equity Wind Point Partners has taken over Kentucky-based A&R Logistics, which plans to continue building resins handling facilities in Charleston and Savannah.

Bulk chemical transporter A&R Logistics acquired

Private equity Wind Point Partners has taken over Kentucky-based A&R Logistics, which plans to continue building resins handling facilities in Charleston and Savannah.

 

   A&R Logistics of Louisville, Ky., has been acquired by Chicago-based private equity Wind Point Partners.
    Financial terms of the deal were not disclosed.
    A&R is a specialist in the bulk transport of chemicals and plastics. It operates a national infrastructure of about 50 facilities and the industry’s largest fleet of specialized tractors and pneumatic trailers.
    Wind Point will partner with A&R management, led by President and CEO Mark Holden, who joined the company in 2012. Prior to joining A&R, Holden was president and CEO of Prime Distribution Services.

   A&R still plans to build new facilities totaling at least 2 million square feet in the ports of Charleston and Savannah to support the packaging and export of numerous resins including polyethylene, polyvinyl chloride and polypropylene.

At the midpoint of 2019, many experts expect the economy’s momentum to slow due to the potential for trade tensions to accelerate, global economies to deteriorate or climate-related risks to materialize.

The Port of Oakland in May handled 85,964 TEUs of loaded imports and 78,070 TEUs of loaded exports, up 4.2% and 8.4% year-over-year, respectively.

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Bulk chemical transporter A&R Logistics acquired

Private equity Wind Point Partners has taken over Kentucky-based A&R Logistics, which plans to continue building resins handling facilities in Charleston and Savannah.

May 07, 2019 on Dec 27, 2018AmericanShipper.com

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Bulk chemical transporter A&R Logistics acquired

Private equity Wind Point Partners has taken over Kentucky-based A&R Logistics, which plans to continue building resins handling facilities in Charleston and Savannah.

May 07, 2019 on Dec 27, 2018AmericanShipper.com