Announced
Financials
Sources
Tags
Majority
Merger
Friendly
Single Bidder
Storage Terminals
storage solutions
liquid bulk
United States
Pending
Private
Synopsis
BW Terminals, an independent developer and operator of agricultural, petroleum and chemical liquid terminal storage facilities, agreed to merge with Contanda, a provider of storage and logistics services. Financial terms were not disclosed. The merger is expected to be completed in the first half of 2020. "Both Contanda and BW Terminals have a reputation for exceptional service enabled by dedicated employees. By bringing Contanda and BW Terminals together, we are entering a new chapter of growth and success. I look forward to leading this combined organization and I firmly believe that the combination will further enhance our customer service offering and create a leading platform in the industry," Michael Suder, BW Terminals CEO.
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