Milwaukee—Dec. 20, 2012—Mason Wells completed its acquisition of A&R Logistics Inc., a bulk transportation and logistics company, from private equity firm FdG Associates. Mason Wells together with Mark Holden and Rich Mitchell—the industry executives and investors within this acquisition—along with other investors will work with A&R’s existing management team to build upon its market position in the dry bulk transportation and logistics industry.
“We are excited about the opportunity to work with Mason Wells, Mark Holden and Rich Mitchell,” said Jeff O’Connor, President and Chief Executive Officer of A&R Logistics Inc. “Their industry resources coupled with the strong financial support of Mason Wells will enable us to continue serving our customers at a very high level while expanding our leading market position in the chemical and plastics industries.”
A&R provides a suite of services including over-the-road transportation; transloading; packaging; warehousing; and end-to-end outsourced transportation management. Such services are offered through a nationwide network of 25 facilities, a combination of company-owned equipment and owner operators and a non-asset based transportation management division.
“Mason Wells is very pleased to be working with the A&R management team and employees to support the growth of the business,” said Kevin Kenealey, Managing Director at Mason Wells. “The A&R team has built an impressive platform in the bulk transportation and logistics industry, and we look forward to helping the Company capitalize on the favorable trends within the chemical and plastics industries.”
With this acquisition, Mason Wells continues to focus its investments in such industries as outsourced business services; consumer packaged goods (CPG); packaging materials & converting; and engineered products and services.
“We are excited about partnering with the A&R team,” said Holden. “We view the investment in A&R as the first step in our long-term goal of building a diversified, global transportation and logistics company focused on bulk materials.”