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Grammer Logistics Acquires Logistics Management Resources, Inc.

PRIVATEOct 25, 2022

Acquiring Company

Grammer Logistics

Acquired Company

Stellex Capital Management

New YorkOil And GasTransportationLogisticsManufacturingProfessional ServicesFinancial ServicesScience And EngineeringTransportationFinanceFintech

Description

Grammer Logistics (”Grammer” or the “Company”), a leading chemicals, industrial gases, and hazardous materials transportation and logistics firm, announced it has completed the acquisition of Logistics Management Resources, Inc. (”LMR”). Based in Baton Rouge, Louisiana, LMR provides quality transportation management solutions to the chemicals, industrial gases, and related industries. Grammer is a portfolio company of Stellex Capital Management LLC and Mill Rock Capital.

Quick answer

Grammer Logistics is acquiring Stellex Capital Management, announced October 25, 2022.

How much did Grammer Logistics pay for Stellex Capital Management?
The deal value was not disclosed.
What does Grammer Logistics do?
Grammer Logistics (www.grammerlogistics.com) is recognized as the premier provider of safe, dependable bulk hazardous chemicals transportation services in the United States.
Where are Grammer Logistics and Stellex Capital Management based?
Stellex Capital Management is based in New York, New York, United States.

Source: Fundz verified event record.

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Company Information

Company

Grammer Logistics

About

Grammer Logistics (www.grammerlogistics.com) is recognized as the premier provider of safe, dependable bulk hazardous chemicals transportation services in the United States. Grammer’s excellent record of safety and solutions focused approach to business has allowed the company to cultivate longstanding relationships with its client partners. The company has more than 20 facilities strategically located near major chemical production hubs across the United States, including 350 tractors, 950 specialty trailers and over 500 drivers and owner-operators serving over 500 diverse shippers across the Ammonia, LP Gas, Nitric Acid, NGLs, and General Chemical markets.

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Frequently asked

Who acquired Stellex Capital Management?

Stellex Capital Management was acquired by Grammer Logistics. The deal was reported on October 25, 2022. Grammer Logistics (www.grammerlogistics.com) is recognized as the premier provider of safe, dependable bulk hazardous chemicals transportation services in the United States. Grammer Logistics is privately held and operates in Oil And Gas.

When did Grammer Logistics acquire Stellex Capital Management?

Grammer Logistics's acquisition of Stellex Capital Management was reported on October 25, 2022. Grammer Logistics (”Grammer” or the “Company”), a leading chemicals, industrial gases, and hazardous materials transportation and logistics firm, announced it has completed the acquisition of Logistics Management Resources, Inc. (”LMR”). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Stellex Capital Management do?

Stellex Capital Management LP is a private equity firm that invests in middle-market companies in North America and Europe through its offices in New York and London. It is privately held, operating in Manufacturing, and is based in New York.

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