Grammer Industries completed the acquisition of LiMarCo.

Stellex Capital and Mill Rock-backed Grammer Industries, an Indiana-based hazardous materials transportation and logistics firm, completed the acquisition of LiMarCo Logistics, a logistic company. Financial terms were not disclosed. As a result of the transaction, Grammer acquired 26 tractors, 41 trailers, and 15 independent contractors. The Houston facility was not included in the transaction. The Corpus Christi facility provided Grammer with an office, shop, and yard space for parking equipment. “Both companies have commercial and operational synergies that make this a great fit. Grammer and LiMarCo share best-in-class safety and driver retention metrics, so we expect a smooth transition. This is a win-win for all involved,” Bart Middleton, Grammer CEO.