Kenan Advantage Group Inc acquired the gasoline transport assets of Mission Petroleum Carriers Inc in late May.
The acquisition included fleet equipment and the headquarters terminal in Houston TX, as well as satellite locations in San Antonio, Austin, Arlington, Corpus Christi, Harlingen, and Waco. In addition, KAG retained 215 key operational and terminal personnel, including approximately 160 drivers.
“This acquisition gives us the opportunity to build upon our current Texas footprint, while expanding into new markets in this region,” says Rebecca White, KAG vice-president of corporate development. “This is a tremendous opportunity for KAG that complements other recent growth in the Southwest region.”