Associated Terminals’ Management Group Announces Acquisition of S.H. Bell Company
2024年5月10日 - 11:00PM
ビジネスワイヤ(英語)
Associated Terminals, a leading provider of stevedoring and
marine services, is proud to announce that its management group has
purchased S.H. Bell Company and its subsidiaries. S.H. Bell will
continue to operate independently in its existing trade and under
its well-recognized name, and the existing management team will
remain in place to manage day-to-day operations under the terms of
the agreement. S.H. Bell is a well-respected name in the global
supply chain that provides handling, storage, processing, packaging
and record-keeping services for a diverse customer base, including
logistics services such as drayage and truck transportation. This
strategic move will create greater synergies and service offerings
for Associated Terminals and S.H. Bell, by connecting and expanding
operations, locations, and destinations.
Todd Fuller, President of Associated Terminals, stated, "We are
thrilled to welcome S.H. Bell into our existing group of companies.
This acquisition is a testament to our commitment to growth and
excellence in serving our customers, with a dedication to
efficiency and streamlining the movement of cargo to its final
destination. John Bell and Adam Bell, and their team members, have
always had our admiration. We share cultures where we believe that
every team member plays a pivotal role in our organization and our
customers deserve the highest level of customer service. This
acquisition allows us to optimize our operations and provide
end-to-end solutions for our customers.”
John Bell, President of S.H. Bell, echoed these sentiments,
saying, "Joining forces with Associated Terminals management
presents exciting opportunities. We look forward to leveraging our
combined expertise and cultural alignment to deliver unparalleled
service and value."
About Associated Terminals:
Associated Terminals is a leading provider of stevedoring,
marine, and logistics services, specializing in bulk cargo handling
across the Gulf Coast and beyond. With a focus on safety,
efficiency, and customer satisfaction, Associated Terminals
delivers customized solutions to meet the unique needs of each
client.
Their comprehensive capabilities enable seamless cargo transfers
and efficient supply chain management.
About S.H. Bell:
S.H. Bell is a renowned name in the warehousing and
transportation industry, offering a wide range of cargo handling
services in the upper Ohio River Valley, Chicago, and Baltimore
regions. Founded in 1933, with a 91-year history of excellence and
a commitment to service quality, S.H. Bell has built a strong
reputation as a trusted partner for handling and storage of various
metals, minerals, and semi-finished industrial materials. Fairmount
Partners served as the financial advisors to S.H. Bell pursuant to
this transaction.
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version on businesswire.com: https://www.businesswire.com/news/home/20240510382030/en/
Dawn Lopez Vice President of Marketing and Public Relations
Associated Terminals Phone: 985.856.1288 Email:
dlopez@associatedterminals.com
Adam Bell Executive Vice President & COO S.H. Bell Company
Phone: 412.963.2487 Email: abell@shbellco.com