Baker Botts Represents SEACOR Holdings Inc. in Sale of Inland River Transport Holdings LLC
Deal description: SEACOR Holdings Inc. (“SEACOR”) announced it has signed a definitive agreement to sell Inland River Transport Holdings LLC (“SCF”) to Ingram Barge Company LLC (“Ingram”), a division of Nashville-based Ingram Marine Group.
SCF includes more than 1,000 covered dry cargo hopper barges, eight 6,000-plus horsepower towboats, and a network of terminal and fleeting infrastructure along the Mississippi River.
SEACOR, a portfolio company of American Industrial Partners, is a diversified holding company, with interests in domestic and international transportation and logistics assets.
Ingram operates across more than 4,500 miles of the U.S. inland waterways system transporting a variety of essential agriculture and industrial commodities via 4,000 covered and open top dry cargo and liquid tank barges and 150 towboats.
Baker Botts LLP acted as antitrust advisor to SEACOR.
SEACOR’s press release can be found here.
Baker Botts Lawyers/Offices Involved:
Antitrust: Paul Cuomo (Partner, Washington, D.C.), Christine Ryu-Naya (Special Counsel, Washington, D.C.), Mike Bodosky (Special Counsel, Washington, D.C.), and Daniel Ruesta (Associate, Washington, D.C.)
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