United Martime Group Unloading UBT
May 14, 2012- Share:
PE-backed United Maritime Group has agreed to sell its subsidiary U.S. United Bulk Terminal (UBT) to Oiltanking Holding Americas. Based in Davant, LA, UBT operates a major dry bulk export terminal on the Lower Mississippi River, focusing its storage, blending and transfer services on coal and petcoke producers. UMG was acquired by Greenstreet Equity Partners, Jefferies Capital Partners, AMCI Capital and First Reserve in December 2007.
Infrastructure
Davant, LA
Operator of a dry bulk export terminal on the Lower Mississippi River
Investor
Seller
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