Associated Terminals, a premier provider of stevedoring and marine services, has announced the acquisition of the esteemed S.H. Bell Company and its subsidiaries. The move is set to bolster the global supply chain by integrating the strengths of both entities, a press release noted.
S.H. Bell Company, recognized for its exceptional handling, storage, processing, packaging, and record-keeping services, will maintain its operational independence and continue to serve its diverse customer base under its established name. The current management team is expected to steer the day-to-day operations, ensuring continuity and stability.
The strategic acquisition promises to create enhanced synergies between the two companies, connecting and expanding their operational footprints. This includes a broader range of services and an increase in operational locations and destinations, which is anticipated to streamline the movement of cargo and optimize the supply chain.
Todd Fuller, President of Associated Terminals, expressed his enthusiasm about the acquisition: “The integration of S.H. Bell into our group signifies our unwavering commitment to growth and service excellence. We have always held John Bell, Adam Bell, and their team in high regard, and this acquisition is aligned with our culture of valuing every team member and delivering superior customer service. We are poised to optimize our operations and offer comprehensive end-to-end solutions to our clientele.”
Echoing the positive outlook, John Bell, President of S.H. Bell, remarked on the merger: “This union with Associated Terminals opens up exciting new avenues. We are eager to combine our expertise and shared values to provide unmatched service and value to our customers.”
With a legacy spanning over 91 years, S.H. Bell has carved out a niche in the warehousing and transportation sector, offering versatile cargo handling services across strategic locations like the upper Ohio River Valley, Chicago, and Baltimore. The company’s longstanding commitment to quality service has cemented its reputation as a reliable partner in the industry.
Fairmount Partners played a pivotal role as financial advisors in facilitating this transaction, marking a new chapter for both Associated Terminals and S.H. Bell as they navigate the future of the global supply chain together.
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