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Grammer Industries acquires Sterling Transport

April 04, 2019 / bulktransporter
SHARESHARESHARE

Grammer Industries recently acquired Sterling Transport in a move that unites two carriers specializing in the transportation of hazardous and specialty chemicals.Terms of the transaction were not disclosed.Grammer is a portfolio company of Stellex Capital Management, a middle-market private equity firm that acquired Grammer in October 2018 in partnership with the Whittington family.“The strategic combination of Grammer and Sterling greatly advances our vision to establish a leading US specialty logistics company,” said John Whittington, vice president of Grammer. “Our integration plan will leverage the relative strengths of both companies—and particularly the combined organization of over 500 drivers and owner-operators—to create a compelling value proposition for current and future customers.”