KIRBY CORP acquired Marine Systems, Inc..
Marine Systems, Inc. operates in Distribution and Services, is based in United States (Gulf Coast). Kirby entered the diesel engine services business through the acquisition of Marine Systems, Inc., a small Gulf Coast facility servicing medium-speed and high-speed diesel engines used in marine applications. The deal seeded what became Kirby's diesel engine services and, later, distribution and services segment.
Established Kirby's diesel engine services business alongside marine transportation.
Advisory firms were not disclosed for this transaction.