.
MergerLinks Header Logo

Announced

Completed

Wind Point-backed A&R Logistics completed the acquisition of L.T. Harnett.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

logistics solutions

Single Bidder

Private

United States

Majority

Friendly

Third Party Logistics (3PL)

Private Equity

bulk liquid storage

Acquisition

Completed

Synopsis

Edit

Wind Point-backed A&R Logistics, a provider of supply chain services for the chemical industry, completed the acquisition of L.T. Harnett, a provider of bulk liquid transportation and logistics services to the chemical industry. Financial terms were not disclosed. "We are very happy to welcome the LTH team to A&R and we congratulate Dr. Harnett and his team on the strong business they have built at LTH. Our recent acquisition of FCL was very well received among A&R's customer base, who urged us to complement our best-in-class dry bulk services with liquid chemical capabilities for many years, and we have been eager to continue building scale in this critical segment of the chemical supply chain. We are delighted to expand our liquid chemical capabilities, geographic coverage, and scope of services with the acquisition of LTH," Mark Holden, A&R CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US