OMERS-backed Kenan Advantage acquires Agri-Carriers
The Kenan Advantage Group Inc, a portfolio company of OMERS Private Equity, has acquired Agri-Carriers Group Inc (ACG), a Jackson, Illinois-based provider of food-grade transportation services. The deal, the terms of which were not disclosed, includes ACG's two trucking operations, Landes Trucking and Charles G. Lawson Trucking. Kenan, a tank truck transporter and logistics specialist, said the acquisition is a strategic fit that doubles the size its food transportation business. North Canton, Ohio-based Kenan was bought by OMERS from Goldman Sachs Capital Partners and Centerbridge Partners last year.
20 September 2016•2 mins read
