Kirby Corp is hoping to pile on a extra $35m in full-year revenues after the purchase of a US bunkering business.
The NYSE-listed tank barge operator is splashing out $53m on the bunkering unit of Enterprise Marine Services in an all-cash deal.
The agreement, which is expected to be firmed up later this month, will see another 21 tanker barges as well as 15 other small vessels join Houston-based Kirby’s fleet.
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