The Kenan Advantage Group, Inc. (KAG) has acquired M.C. Tank Transport, Inc. (MC Tank), a diversified transportation company specialising in the delivery of liquid bulk chemicals in tankers and ISO containers.
The West Chester, Ohio-based company operates from eight terminal locations and three ISO container depots throughout the Southeast and Midwest, US, delivering and storing caustic soda, sulfuric acid, hydrochloric acid, and other speciality chemicals.
As part of the transaction, KAG will welcome approximately 175 professional drivers and 70 operational and administrative members to their team while also growing their fleet by acquiring 100 tractors and 500 trailers/chassis. The ISO depots also provide container services, including storage, steaming, washing, and maintenance.
“This acquisition marks a key milestone in KAG’s continued growth and solidifies our commitment to delivering innovative, specialised solutions to our chemical customers,” stated Charlie DeLacey, Chief Executive Officer of KAG.
“By combining the strengths of MC Tank with our existing fleet and network, we are enhancing our capabilities to offer not only premier chemical transportation but also ISO container storage, transport, and related services to meet the evolving demands of our customers’ supply chains,” DeLacey continued.
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“KAG is the perfect partner to provide MC Tank with the resources and know-how to expand our footprint, capabilities, technology, and services,” stated MC Tank’s President, Michael Anderson.
“We are far from done implementing our vision and accomplishing the goals we have set for our organisation. We are tremendously excited for the opportunity to join the KAG team.”
