A&R Logistics recently acquired Streator IL-based Luckey Trucking, a provider of dry bulk, liquid bulk, dry van transportation, warehousing and logistics services to the chemical industry.
This is the fifth add-on acquisition for A&R under the ownership of Chicago-based private equity investment firm Wind Point Partners, which acquired A&R in May of 2019 in partnership with A&R CEO Mark Holden. Previous acquisitions include Blue Water Plastic Transport in June 2019, Plantgistix in November 2019, First Choice Logistics in February 2020, and L.T. Harnett in August 2020.
The companies said the latest addition further solidifies A&R’s market position and expands its fleet of highly specialized tractors and trailers.
“We are excited to welcome the Luckey team to A&R and congratulate the Luckey family on building such an outstanding chemical logistics platform,” said Chris Ball, president of A&R.
“The addition of Luckey expands our depth in each of our core services and enhances our ability to provide customers with end-to-end solutions.”
Luckey’s operation includes a trucking terminal, tank wash and more than 250 railcar locations on the BNSF and Union Pacific Railways. The company also has a warehouse that provides logistics services for customers, and it operates through a network of six affiliate terminals located in Iowa, Ohio, North Carolina, Tennessee and Texas.
Throughout this strategically located network near key routes and ports in the North American chemical supply chain, Luckey provides over-the-road dry and liquid bulk transportation solutions to several leading North American chemical producers and diversified industrial companies. The company also offers dry van trucking, rail transloading, and value-added warehousing and packaging services. Key members of the Luckey family and leadership team will remain with the company and join the A&R team at the time of the transaction, Wind Point said.
“A core focus of A&R’s value creation plan has been an emphasis on growth through acquisition, and Luckey represents yet another excellent addition to A&R’s leading chemical supply chain platform,” said Konrad Salaber, managing director at Wind Point. “This acquisition further enhances our scale and allows our team to continue meeting the needs of our customers across the supply chain. We look forward to continuing to build upon the combined network of both companies and fostering the Luckey legacy.”
Wind Point said A&R’s acquisition strategy will continue to focus on acquiring companies that provide dry and liquid bulk transportation, warehousing, and logistics services to producers and distributors of chemicals and plastics.
“After meeting with the folks throughout the A&R organization, we were truly impressed with their vision for the future and their dedication to being the leader in the industry,” said Scott Luckey, president of Luckey. “We are thrilled to become a part of the A&R family and look forward to the future growth of the combined platform.”