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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