Transportation Infrastructure Partners, a joint venture between Ridgewood Infrastructure and Savage, announced today the acquisition of The Dupuy Group, a leading provider of near-port logistics infrastructure and services to the food and agriculture sector. This move bolsters the joint venture’s footprint in the essential transportation and logistics infrastructure throughout the United States.
The Dupuy Group, established in 1936, operates strategically advantageous intermodal infrastructure near the ports of Houston, Texas; Jacksonville, Florida; Charleston, South Carolina; and New Orleans, Louisiana. This acquisition follows the joint venture’s previous purchases of Carolina Marine Terminal (CMT) in Wilmington, North Carolina, and Nassau Terminals, which operates the Port of Fernandina in Florida.
According to Ryan Stewart, a partner at Ridgewood Infrastructure, Dupuy is crucial to the supply chains of several major coffee and tea companies in the U.S. By acquiring Dupuy, Ridgewood Infrastructure reinforces its dedication to enhancing supply chains and delivering excellent logistics services to its clients.
The acquisition will enhance Savage’s network of almost 50 ports and terminals. According to Jason Ray, President of Savage’s Infrastructure Sector, Dupuy is a valuable addition to the joint-venture portfolio and strengthens the Savage network. The focus will be on maintaining Dupuy’s reputation for providing essential supply chain services to current and future clients.
The President of The Dupuy Group, Allan Colley, is optimistic about their recent acquisition. He expressed his delight in joining the family of companies under Transportation Infrastructure Partners. Colley believes that with their combined resources and expertise, Dupuy will maintain their excellent services and continue to grow with their customers.
The deal underscores the joint venture’s ongoing strategy to invest in crucial transportation and logistics infrastructure, which forms the backbone of the U.S. supply chain. With this acquisition, Transportation Infrastructure Partners aims to continue its growth trajectory and supply chain enhancement nationwide.
Photo by Marcin Jozwiak on Unsplash
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