摘要: |
Continuing its strategy of growth and diversification through acquisitions, Campbell Transportation Company Inc. announced March 6 that it has signed a definitive purchase agreement to acquire the majority of the marine assets owned by NGL Marine LLC by the end of March. "This acquisition will be another step forward in Campbell's strategic plan to diversify its marine business line," the company said in a press release. In its own press release, NGL said the sales price for its assets in two separate transactions is $111.65 million in cash. Once this acquisition is completed, CTC will own or operate more than 1,250 barges throughout the inland waterway system, including 95 tank barges. The fleet includes assets working in both the dry cargo and liquid cargo trades and is supported by the operation of more than 60 towboats. |