Ridgewood Infrastructure / Savage JV Acquires Carolina Marine Terminal
June 1, 2020
Transportation Infrastructure Partners, a joint venture between Ridgewood Infrastructure and Savage, acquired Carolina Marine Terminal (CMT), a multi-modal dry bulk marine terminal in Wilmington, North Carolina. Savage will operate the terminal while the JV looks to expand and operate critical transportation and logistics infrastructure across the United States.
- Buyers
- Transportation Infrastructure Partners, Ridgewood Infrastructure, Savage
- Targets
- Carolina Marine Terminal, Inc.
- Sellers
- Mike McCarley, Kevin Walker
- Industry
- Logistics & Distribution
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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