Grammer Logistics (”Grammer” or the “Company”), a leading chemicals, industrial gases, and hazardous materials transportation and logistics firm, announced it has completed the acquisition of Logistics Management Resources, Inc. (”LMR”). Based in Baton Rouge, Louisiana, LMR provides quality transportation management solutions to the chemicals, industrial gases, and related industries. Grammer is a portfolio company of Stellex Capital Management LLC and Mill Rock Capital.
Grammer has significantly scaled its footprint, service offering, and operational capabilities in recent years through a combination of strategic acquisitions and organic growth initiatives. The Company continues to grow and develop customer-specific transportation solutions within the industrial gases, chemicals, and hazardous materials sectors.
Scott Dobak, CEO of Grammer stated, “LMR is a highly-respected leader in the chemicals logistics market. We are thrilled to welcome their team into the Grammer family. This acquisition supports our strategy of providing a diversified offering of both asset and non-asset services to our growing customer base. We believe this integrated approach is the future of chemicals logistics.”
Since 1981, LMR has provided third-party logistics services to the chemicals industry across all modes of transportation. Driven by key processes, industry expertise, and a robust TMS platform, LMR provides clients with customized solutions that meet their supply chain needs.
As part of the transaction, the LMR team will remain with the Company, including LMR’s President and CEO Heston Hodges, who will lead Grammer’s transportation management division.
Mr. Hodges stated, “By combining the expertise of both companies, it creates a win-win combination. All stakeholders will benefit from the additional services that LMR and Grammer will jointly offer to the marketplace. Our clients gain access to an internal fleet of highly-specialized drivers and equipment, and the strong carrier relationships we have developed over years will be further supported by the additional opportunities available through the combined platform.”
