Dupuy Group in USA changes hands
Ridgewood Infrastructure and Savage, through their Transportation Infrastructure Partners joint venture, has acquired Dupuy, a provider of near-port logistics infrastructure and services for customers in the food and agriculture sector.
Dupuy was founded in 1936 and owns and operates strategically advantaged intermodal infrastructure near the ports of Houston, Texas; Jacksonville, Florida; Charleston, South Carolina; and New Orleans, Louisiana.
Ridgewood, an infrastructure investor in USA, and Savage, a global provider of supply chain infrastructure and solutions, established Transportation Infrastructure Partners several years ago to jointly acquire and operate essential transport and logistics infrastructure throughout the United States.
Dupuy is the partnership’s third acquisition, complementing prior acquisitions of Carolina Marine Terminal (CMT) in Wilmington, North Carolina and Nassau Terminals which operates the Port of Fernandina in Florida. (ben)