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Southern Devall Group CEO Ed Grimm Retires - The Waterways Journal
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The Southern Devall Group Announces Ed Grimm s Retirement | Business
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The Southern Devall Group Announces Ed Grimm s Retirement
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February 5, 2021 By Waterways Journal
Southern Towing Company (STC), an affiliate of CC Industries (CCI), announced February 2 it has acquired Devall Towing from the Devall family.
Devall Towing is a towboat and barge operator for specialty chemicals along the Gulf Intracoastal Waterway and Lower Mississippi River. The company operates a fleet of 36 towboats and 125 liquid tank barges, as well as fleeting locations in Lake Charles, La., and Victoria, Texas, with combined capacity for up to 175 barges. Devall Diesel Services provides marine diesel sales and service with dealerships in Louisiana and Texas.
Devall Towing was founded in 1952 by Alfred Devall and is headquartered in Sulphur, La.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Southern Towing Company Announces Acquisition of Devall
February 2, 2021 GMT
CHICAGO (BUSINESS WIRE) Feb 2, 2021
Southern Towing Company (“STC”), an affiliate of CC Industries (“CCI”), announced today it acquired Devall Towing (“Devall” or the “Company”) from the Devall family. Founded in 1952, Devall is a towboat and barge operator for specialty chemicals along the Gulf Intracoastal Waterway and Lower Mississippi River.
The acquisition expands STC’s operations into specialty chemical products. The combination of Devall’s long-standing customer relationships with STC’s upriver capabilities allows Devall and STC to provide integrated marine transportation solutions across the Gulf Intracoastal and U.S. inland waterways. STC’s CEO Ed Grimm stated, “The acquisition significantly enhances Southern Towing’s Gulf Coast capabilities. We look forward to growing our