The Kenan Advantage Group recently acquired TransVac, an Abbeville, Louisiana-based company that specializes in the transportation of chemicals, water treatment products, and plastic additives.
The acquisition is KAG’s third this year following the additions of Florida Food Tankers in January and Northern Dry Bulk in February.
KAG also added Idaho Milk Transport and Koppers Performance Chemicals late last year.
“There is so much upside to bringing TransVac and its skilled employees into the KAG family of companies,” John Rakoczy, KAG Specialty Products executive vice president of operations, said in a news release.
“The combination provides us with a highly specialized fleet of trailing assets that will allow us to expand our service offering to existing chemical customers with additional capacity, especially in the Louisiana and Arkansas markets. It also enhances our growing chemical storage capabilities, which is extremely important in this market space.”
TransVac has 45 power units and 43 drivers, according to Federal Motor Carrier Safety Administration data collected in November 2023.
“One of the most important aspects of any strategic acquisition is the team and their expertise,” said KAG’s Brooke Roth, KAG Specialty Products VP of operations. “Through this partnership, we are happy to provide additional career opportunities for TransVac’s professional drivers and operations team, who understand their customers’ business needs and the uniqueness of the chemical transportation industry.”