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

Synopsis

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.

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