Announced

BW Terminals to merge with Contanda.

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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MergerLinks - BW Terminals to merge with Contanda.