Stellex Capital Management and Mill Rock Capital-backed Grammer completed the acquisition of Logistics Management Resources.

Stellex Capital Management and Mill Rock Capital-backed Grammer, a chemicals, industrial gases, and hazardous materials transportation and logistics firm, completed the acquisition of Logistics Management Resources, a provider of quality transportation management solutions to the chemicals, industrial gases, and related industries. Financial terms were not disclosed. "LMR is a highly-respected leader in the chemicals logistics market. We are thrilled to welcome their team into the Grammer family. This acquisition supports our strategy of providing a diversified offering of both asset and non-asset services to our growing customer base. We believe this integrated approach is the future of chemicals logistics," Scott Dobak, Grammer CEO.