Louis Berger Group

EQS-News: Ringmetall expands into the US market for inliners through acquisition of Protective Lining Corporation

Retrieved on: 
Sunday, January 22, 2023

In the course of an asset deal, the business operations of Protective Lining Corporation, based in New York, NY (USA), were acquired as of 6 January 2023.

Key Points: 
  • In the course of an asset deal, the business operations of Protective Lining Corporation, based in New York, NY (USA), were acquired as of 6 January 2023.
  • Nevertheless, Protective Lining has an optimal market positioning to further advance the expansion of the Ringmetall Group on the North American market.
  • "The opportunity for this acquisition arose against the background of an unresolved succession situation," confirms Christoph Petri, Spokesman of the Management Board of Ringmetall SE.
  • "Protective Lining has the ideal company size and market positioning for us to be able to grow quickly and profitably into the market for inliners in the USA via the acquisition and to drive the further consolidation of the market."

Super T Transport, Inc. Partners with Austrian-Based Company

Retrieved on: 
Tuesday, September 13, 2022

IDAHO FALLS, Idaho, Sept. 13, 2022 /PRNewswire/ -- Super T Transport, Inc. (Super T), one of the fastest-growing trucking fleets in the western United States, is getting even more SUPER. The transportation company recently sold its shares to Berger Logistik, an international transport and logistics company, based out of Austria. Berger Logistik, an enterprise partially owned by Red Bull, will partner with Super T to distribute their products along with Super T's existing customer base across America.

Key Points: 
  • IDAHO FALLS, Idaho, Sept. 13, 2022 /PRNewswire/ -- Super T Transport, Inc. (Super T), one of the fastest-growing trucking fleets in the western United States, is getting even more SUPER.
  • The transportation company recently sold its shares to Berger Logistik, an international transport and logistics company, based out of Austria.
  • Berger Logistik, an enterprise partially owned by Red Bull, will partner with Super T to distribute their products along with Super T's existing customer base across America.
  • Super T Transport Inc. (Super T) is one of the fastest-growing transportation fleets in the western United States.