Grammer Industries Acquires LiMarCo Logistics

December 9, 2019

Grammer Industries, a Stellex Capital-backed hazardous materials transportation and logistics company, has acquired LiMarCo Logistics, a regional LPG/NGL hauler based in Houston with a terminal in Corpus Christi. The acquisition (closed December 6, 2019) adds 26 tractors, 41 trailers and 15 independent contractors to Grammer's NGL division and expands Grammer's footprint in Texas, Louisiana and Oklahoma.

Buyers
Grammer Industries, Inc., Stellex Capital Management
Targets
LiMarCo Logistics, LLC
Sellers
Kirby Black (co-owner of LiMarCo)
Platforms
Grammer Industries, Inc.
Industry
Trucking & Fleet
Location
Texas, United States
Transaction Type
Addon

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