Southern Towing Company (CC Industries) Acquires Devall Towing

February 2, 2021

Southern Towing Company, an affiliate of CC Industries, has acquired Devall Towing from the Devall family. Devall — a Sulphur, Louisiana–based towboat and barge operator focused on specialty chemicals with a fleet of 36 towboats and 125 liquid tank barges — will operate as a new division of Southern Towing, with existing management remaining in place.

Buyers
Southern Towing Company, CC Industries
Targets
Devall Towing
Sellers
Devall family
Platforms
Southern Towing Company
Industry
Transportation
Location
Louisiana, United States
Transaction Type
Addon

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