RJM & Company Advises Travero, a Subsidiary of Alliant Energy Corporation, on its Sale of Logistics Park Dubuque to LOGISTEC
"With the addition of LPD to the LOGISTEC network, we are expanding our reach into America's industrial and agricultural heartland and the US inland waterways," said
"LPD has a strong track record and a dedicated team, and we are proud of the role the facility has played in supporting our customers, regional supply chains and the broader community," said
LPD is a 100-acre, multimodal, multipurpose terminal specializing in handling, storing, and loading bulk and breakbulk commodities between barge, rail, and truck with direct rail access via CN rail and by barge to the
Chapman and Cutler LLP served as legal advisor to Travero. Berenson & Company, LLC, acted as financial advisor to LOGISTEC, and King & Spalding served as the legal advisor.
About LOGISTEC
LOGISTEC is based in
About Travero
Travero is a wholly owned subsidiary of Alliant Energy Corporation (NASDAQ: LNT) and includes CRANDIC Rail, Logistics Park Cedar Rapids, and Travero Logistics. With over 115 years of freight services experience, Travero offers innovative and comprehensive logistics solutions including rail transportation, freight brokerage, warehousing and barge terminal services. For more information, visit travero.com.
About RJM & Company
RJM & Company is a boutique M&A and capital markets advisory investment bank. The firm provides boards and management teams of public and private companies with independent advice and expertise in a variety of sectors including road, rail and marine transportation, infrastructure, chemicals, energy, metals and mining, manufacturing, building materials and other areas of the industrial complex. RJM advises clients on all aspects of transactions including timing, structure, and pricing. RJM originates out of market opportunities as well as leads or supports negotiation and execution of transactions already under evaluation. For additional information, please visit rjm-co.com or contact RJM at [email protected].
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SOURCE RJM & Company
