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Announced

Completed

Heniff Transportation Systems completed the acquisition of Coal City Cob from Cotton Creek Capital Partners.

Synopsis

Heniff Transportation Systems, a provider of bulk liquid chemical and food transportation services, completed the acquisition of Coal City Cob, a provider of specialized liquid bulk freight services to major chemical manufacturers and distributors, from Cotton Creek Capital Partners, a private equity firm. Financial terms were not disclosed. “I am grateful to Mike Cloonen and Cotton Creek Capital for entrusting our team to carry forward 50 years of its history. As we enter this new relationship, I could not be more convinced that both companies are committed to preserving the same shared values, which start and end with taking care of people. I'm excited for our organization to join the Heniff team and improve our abilities to provide our customers with creative solutions and excellent service. Of equal importance, I believe our existing drivers will discover meaningful economic opportunities by gaining access to Heniff's expansive footprint and uniquely diversified service offerings,” Alan Goldstein, Coal City Cob President.

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