Wind Point Partners and portfolio company A&R Logistics Inc., a supply chain services company that provides dry bulk transportation services, have recently announced that A&R has acquired First Choice Logistics.
First Choice provides over-the-road bulk transportation, ISO intermodal services and a full suite of logistics solutions to some of North America's largest producers and converters of liquid chemicals. The company has historically operated as an independent unit of Ozinga Bros Inc., a Chicago-based provider of cement, energy and related solutions. The entire First Choice leadership team will join A&R at the time of the transaction.
Mark Holden, CEO of A&R, said: "The company welcomes the First Choice employees to the A&R team […] For many years, A&R's customer base has requested that the company’s dry bulk services is complemented with liquid transportation capabilities.”
Konrad Salaber, Managing Director of Wind Point Partners, commented: "First Choice represents an important first step in building out a scaled, best-in-class liquid transportation solution that will serve as a strong complement to A&R's position in dry bulk chemical transportation.”
Luke Jousma, VP of First Choice, added: "The company is excited to join the A&R family, and is eager to expand the liquid platform through organic and acquisition growth."
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/13022020/ar-logistics-acquires-first-choice-logistics/