Quantix recently acquired chemical logistics provider CLX Logistics.
The Blue Bell, Pennsylvania-based business manages $500 million worth of freight each year, the company reported. Service offerings include transportation management systems, managed services, supply chain consulting, brokerage, liquid bulk third-party logistics (3PL), intermodal, rail, international services, and technology and analytics products designed for customers across North America and Europe.
“This deal is a significant step for Quantix as a leader in the chemical 3PL market and will bring meaningful value to our customers as we integrate a wide-ranging set of offerings, technology, and analytics products into our portfolio,” Chris Ball, Quantix president and CEO, said in a news release. “We’re proud to have the CLX team as part of the Quantix family of companies and congratulate founder J. Stephen Hamilton on the exceptional business he has built.”
Headquartered in The Woodlands, Texas, Quantix boasts an extensive supply chain services offering for the chemical industry. The addition of CLX bolsters this offering, adding a robust technology suite and managed supply chain solutions to support customers around the world across all modes, the companies said. Quantix and CLX collectively form a platform with more than $2 billion in logistics spend and have approximately 5,400 owned assets, over 40 distribution centers and rail terminals, and 3,300 partner carrier relationships. The acquisition is expected to grow Quantix’s presence in North American and European markets, making the combined company one of the world’s largest providers in the nearly $100 billion global chemical supply chain logistics market.
“You’d be hard-pressed to find a company that better understands the logistics needs of the chemical industry than Quantix,” Hamilton said.
“We look forward to helping them build even further on what, and how, they deliver for customers through our global presence, advanced chemical logistics expertise and commitment to customer success.”
Wind Point Partners acquired Quantix (formerly A&R Logistics) in 2019 in partnership with board co-chair Mark Holden, a veteran logistics executive who served as CEO of Quantix from 2012 until his planned retirement in 2021. Ball, a member of the Quantix leadership team since 2016, with more than 25 years of experience in the supply chain and logistics industry, was promoted to president and CEO in 2021.
CLX represents the 10th acquisition for Quantix under Wind Point’s ownership.
“The CLX team has created a comprehensive suite of solutions that accent our existing offerings to our valued customers,” said Konrad Salaber, Wind Point managing director. “Expanding our 3PL offering by adding liquid capabilities was an important pillar of our value creation plan, and by partnering with CLX we have become one of the largest chemical 3PL companies in our network.
“We look forward to continuing to deliver a full suite of services to our customers.”