PS Logistics Acquires Robinette Trucking
PS Holdco, LLC announced that one of its subsidiaries, Loudon County Trucking, LLC, has completed the acquisition of substantially all assets of Robinette Trucking, Inc. and Robinette Properties, Inc.
PS Holdco, LLC announced that one of its subsidiaries, Loudon County Trucking, LLC, has completed the acquisition of substantially all assets of Robinette Trucking, Inc. and Robinette Properties, Inc. Financial terms of the transaction were not disclosed.
Robinette, headquartered in Mt. Pleasant, Tenn., has approximately 50 drivers. The transaction will further strengthen PS Logistics’ operations in the Southeast and Midwest and provide it with an additional terminal in Mt. Pleasant. As a specialized aluminium truckload carrier, Robinette not only expands PS Logistics’ ability to better serve our current family of aluminium recycling customers, but also aligns us with new customers that we do not presently service.
The Robinette acquisition continues PS Logistics’ acquisition strategy of partnering with families and owners within the flatbed trucking segment. Since 2007, PS Logistics has successfully acquired 14 trucking and brokerage operations.
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