Associated Terminals announces the acquisition of S.H. Bell
(Posted on 10/05/24)
Associated Terminals, a leading provider of stevedoring and marine services, specializing in bulk cargo handling across the US Gulf Coast and beyond, has announced that its management group has purchased S.H. Bell Company and its subsidiaries.
S.H. Bell will continue to operate independently in its existing trade and under its well-recognized name, and the existing management team will remain in place to manage day-to-day operations under the terms of the agreement. S.H. Bell is a well-respected name in the global supply chain that provides handling, storage, processing, packaging and record-keeping services for a diverse customer base, including logistics services such as drayage and truck transportation. This strategic move will create greater synergies and service offerings for Associated Terminals and S.H. Bell, by connecting and expanding operations, locations, and destinations.
Todd Fuller, President of Associated Terminals, stated, "We are thrilled to welcome S.H. Bell into our existing group of companies. This acquisition is a testament to our commitment to growth and excellence in serving our customers, with a dedication to efficiency and streamlining the movement of cargo to its final destination. John Bell and Adam Bell, and their team members, have always had our admiration. We share cultures where we believe that every team member plays a pivotal role in our organization and our customers deserve the highest level of customer service. This acquisition allows us to optimize our operations and provide end-to-end solutions for our customers.”
John Bell, President of S.H. Bell, echoed these sentiments, saying, "Joining forces with Associated Terminals management presents exciting opportunities. We look forward to leveraging our combined expertise and cultural alignment to deliver unparalleled service and value."
S.H. Bell is a renowned name in the warehousing and transportation industry, offering a wide range of cargo handling services in the upper Ohio River Valley, Chicago, and Baltimore regions. Founded in 1933, with a 91-year history of excellence and a commitment to service quality, S.H. Bell has built a strong reputation as a trusted partner for handling and storage of various metals, minerals, and semi-finished industrial materials. Fairmount Partners served as the financial advisors to S.H. Bell pursuant to this transaction.
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