Bayou Fleet [Image: Turn Services]
New Orleans headquartered Turn Services one of the largest independent barge fleeting and shifting companies in the U.S. reports that it has entered into a definitive agreement to acquire the assets and business of Bayou Fleet.
Located at Mile 125.5 on the Lower Mississippi River (LMR) in Hahnville, La., Bayou Fleet provides fleeting, shifting and dry cargo and liquid barge cleaning services. The facility is situated on 85 acres of batture and remains operable during high water stages.
The transaction is anticipated to close on or before December 31.
“The acquisition of Bayou Fleet is significant for Turn Services,” said Mario Muñoz, President of Turn Services. “This location, coupled with our other fleets along the LMR, allows us to offer our customers efficient solutions for the movement of their cargo. With this acquisition, we gain a strategic location offering a wide assortment of services primarily focusing on the liquid tank barge