PolyQuest Acquires Baker Transportation
September 20, 2023
PolyQuest, Inc., a privately held thermoplastic resin distributor based in Wilmington, North Carolina, has agreed to acquire Baker Transportation, Inc., an asset-based regional carrier headquartered in Lake City, South Carolina. The deal (expected to close October 1, 2023) gives PolyQuest direct transportation and logistics capabilities while the Baker family will remain involved in operations.
- Buyers
- PolyQuest, Inc.
- Targets
- Baker Transportation, Inc.
- Sellers
- Baker family (Billy and Leila Baker; sons Michael and Justin Baker)
- Industry
- Transportation
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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