About This Deal

KIRBY CORP acquired Convoy Servicing Company and Agility Fleet Services, LLC for $37.2 million, a transaction completed in January 2020.

Convoy Servicing Company and Agility Fleet Services, LLC operates in Distribution and services, is based in Texas and Colorado, USA. Convoy Servicing Company and Agility Fleet Services, LLC, through which Kirby expanded its dealership network of Thermo King refrigeration systems for trucks, railroad cars, and other land transportation markets in Texas and Colorado.

Expanded Kirby's Thermo King transport-refrigeration dealership network into Texas and Colorado.

Added Thermo King transport-refrigeration dealership coverage in new geographies. Broadened the distribution and services segment's transport-refrigeration product line. Kirby distribution and services segment

Deal Terms

Acquirer
KIRBY CORP
Target
Convoy Servicing Company and Agility Fleet Services, LLC
Value
$37.2 million
Date
January 2020
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Texas and Colorado, USA
Segment
Distribution and services
Announced
January 1, 2020
Closed
January 1, 2020
Synergies
Broadened the distribution and services segment's transport-refrigeration product line.

In Their Words

In 2020, with the acquisition of Convoy Servicing Company and Agility Fleet Services, LLC, the Company expanded its dealership network of Thermo King refrigeration systems for trucks, railroad cars, and other land transportation markets in Texas and Colorado.Kirby Corporation FY2025 10-K, Item 1 Business description

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗ · Last updated July 8, 2026

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