Quality Distribution to acquire Greensville Transport Company
Greensville, which is headquartered in Chesapeake, Virginia is a provider of ISO tank container and depot services with access to ports in Virginia, Maryland and South Carolina. For its most recent fiscal year ended December 31, 2010, Greensville had revenues of approximately $8.0m. The company expects to close the transaction in the fourth quarter.
Scott Giroir, President of Boasso, stated: "Greensville has an excellent reputation in the intermodal tank container industry and we are confident that the business will merge seamlessly with our core operations. The Mid-Atlantic market is an attractive region with excellent growth prospects, especially with the planned expansion of the Panama Canal in 2014."
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