USA-based terminal and logistics company Enstructure has agreed to acquire Patriot Ports.
The ports division of Patriot Rail & Ports, and a sister company of Patriot Rail Company, handles breakbulk and speciality cargoes and provides cold storage operations. It operates six terminals in Jacksonville, Savannah, Mobile, and Sunny Point.
Following the acquisition, Enstructure will operate 12 terminals along the East Coast and inland river system.
“We are thrilled to welcome Patriot Ports to the Enstructure family of companies,” said Matthew Satnick and Philippe De Montigny, co-ceos of Enstructure. “The combination will significantly enhance our leading East Coast and inland river system terminal network serving bulk, breakbulk and cold storage customers.
The deal is expected to close in early July. As part of the transaction, Enstructure will acquire Patriot Ports’ subsidiaries Portus Holdings and Seaonus Holdings.