WELLESLEY, Massachusetts, NEW YORK, New York and MONTRÉAL, Québec, Canada (June 15, 2026) — Enstructure, one of North America’s leading terminal and logistics companies, today announced that it has entered into an agreement to acquire all of the marine terminal operations of LOGISTEC, a multi-purpose terminal operator and logistics service provider majority owned by New York-based private equity firm, Blue Wolf Capital Partners LLC (Blue Wolf). Following the transaction, Blue Wolf will remain an investor in the combined business.

Headquartered in Montréal, Québec, with operations in Canada and the United States, LOGISTEC provides bulk, breakbulk, and container cargo-handling services and logistics solutions to marine and industrial companies. Enstructure, a privately owned company, delivers materials and goods to the global economy while focusing on innovative supply chain solutions for its customers.  

Together, Enstructure and LOGISTEC, which includes its Gulf Stream Marine and LOGISTEC Direct brands, will create a leading network of marine terminals across North America. The combined organization will operate a highly complementary network of terminals and logistics assets serving major trade corridors, industrial markets, and supply chain customers.

LOGISTEC will maintain its head office in Montréal, where the company has operated for more than 70 years. Workers’ jobs will be protected, and the combined company intends to build on LOGISTEC’s longstanding relationships with customers, employees, communities, and port partners to strengthen its presence in Canada and in the United States and unlock new opportunities in the maritime industry.

“This transaction provides the investment and support needed to drive the company’s next phase of growth while creating opportunities for its employees and the communities it serves across Québec, Canada, and the United States. Enstructure and LOGISTEC share a strong alignment in mission and vision, and we are proud to welcome the LOGISTEC team into the Enstructure network,” said Enstructure Co-CEO and Montréal native Philippe De Montigny.

“This transaction brings together two highly respected organizations with shared values, complementary operations, and a long-term commitment to investing in marine infrastructure,” said Enstructure Co-CEO Matthew Satnick. “By combining our capabilities, we are creating a stronger North American platform that will enhance supply chain solutions for our customers, support economic growth throughout our geographic regions, and create new growth opportunities for our company and employees.”  

“LOGISTEC has built an exceptional business and reputation across Canada and North America,” said Bennet Grill, Partner and Head of Industrials at Blue Wolf. “We are proud of what the company and its employees have accomplished, and we believe Enstructure is the right long-term partner to support LOGISTEC’s continued growth and success. We look forward to partnering with the Enstructure team as investors in the combined business.”

Through this acquisition, Enstructure will expand capacity and connectivity across bulk, breakbulk, container, autos/RoRo, and multimodal logistics operations while enabling continued investment in infrastructure modernization, safety, technology, workforce development, and sustainability initiatives.

The transaction, which is subject to customary closing conditions, will result in long-term investment and growth across North America. The combined company will continue to support Canadian jobs, maintain local leadership and operations, and invest in Canadian port infrastructure and communities.

Blue Wolf will retain majority ownership and continue to invest in the growth of CoreAqua and Sanexen, previously LOGISTEC’s Environmental Services division. CoreAqua is a leading provider of trenchless water infrastructure solutions, while Sanexen specializes in environmental services.

Blackstone Credit & Insurance (“BXCI”), a strategic partner to Enstructure since 2022, and additional investors, including OMERS, are providing financing for the transaction. “We are thrilled to support Enstructure in this next phase of the company’s growth,” said Mark Rutledge, Senior Managing Director at BXCI. “This demonstrates our ability to be a flexible, one-stop capital solutions provider to companies and our continued conviction in infrastructure and asset-based sectors.”

Viking Global Investors, an investor in Enstructure since 2022 via its private equity strategy, provided incremental equity capital to support the transaction. 

Rothschild & Co acted as exclusive financial advisor to Enstructure. Latham & Watkins LLP and Stikeman Elliott LLP served as legal advisors to Enstructure. TD Securities acted as exclusive financial advisor to LOGISTEC. Willkie Farr & Gallagher LLP and McCarthy Tétrault LLP acted as legal advisors to Blue Wolf.

About Enstructure
Enstructure owns and operates a network of port infrastructure assets across the East Coast, Gulf Coast, and Inland River System of the United States. Founded in 2016 by Co-CEOs Philippe De Montigny and Matthew Satnick, Enstructure provides integrated logistics services to some of the world’s largest companies in the energy, agriculture, food, manufacturing, construction, and public safety sectors. Enstructure’s mission is to ensure that the materials and goods that drive the economy move with precision, transparency, and reliability.

About Blue Wolf Capital Partners
Blue Wolf Capital Partners LLC is a private equity firm that focuses on value investments in middle market companies in the healthcare and industrial sectors. The firm’s integrated team of investment professionals and veteran operating executives work collaboratively to generate returns by driving transformational change using operational and strategic experience. Blue Wolf seeks to invest in businesses that have catalysts for value creation that involve organizational transformation, union or human capital issues, government presence, or the opportunity to use ESG-informed strategies. For additional information, please visit www.bluewolfcapital.com.

About LOGISTEC
LOGISTEC is based in Montréal (QC) and provides bulk, breakbulk, and container cargo-handling services and logistics solutions, including trucking and warehousing, to marine and industrial companies across its North American network of 62 ports and 84 terminals. LOGISTEC also offers marine transportation services in the Arctic and marine agency services for ship owners and operators.

MEDIA CONTACTS:

Eugene Young
Chief of External Affairs
Enstructure
media@enstructure.com

Kate Spaziani
Director, Government Affairs and Communications
Blue Wolf Capital Partners
kate@bluewolfcapital.com

Katia Reyburn
Senior Vice President, Communications and Public Affairs
LOGISTEC
comms@logistec.com

The post Enstructure to Acquire LOGISTEC Marine Terminal Division, Creating a Leading Network of Marine Terminals Across North America appeared first on Logistec.

Care Terminal is operated by Gulf Stream Marine (GSM), part of the LOGISTEC network, and provides stevedoring and terminal services for a diverse mix of cargo. The new cranes enhance Care Terminal’s capabilities for heavy-lift, project, and specialized cargo, supporting global supply chains and Gulf Coast access.

“The Gulf Coast plays a vital role in the North American supply chains and anchors a significant share of the nation’s energy, manufacturing, and project cargo activity. Our partnership with the Port of Houston represents a long-term strategic commitment to infrastructure, connectivity, and global competitiveness,” said Sean Pierce, CEO of LOGISTEC. “By investing in modern infrastructure and operational capacity, we are ensuring cargo continues to move safely, reliably, and efficiently through this region for years to come.”

“Our general cargo and multi-purpose facilities have been part of Port Houston’s story from the very beginning, more than a century ago. Today, these facilities make up the largest breakbulk and project cargo port complex in North America, with direct access to the number one waterway in the nation, the Houston Ship Channel,” said Charlie Jenkins, CEO of Port Houston. “LOGISTEC’s investments in Care Terminal help ensure our region is well-positioned to meet demand for specialized, breakbulk, and project cargo both now and in the future. They are a valued partner to Port Houston, helping us fulfill our mission to foster maritime economic development.”

The commissioning of the cranes marks the first phase of a broader, multi-stage investment program at Care Terminal. Planned improvements include berthing, rail and yard upgrades, expanded storage capacity, and enhanced access and circulation. Together, these investments are designed to improve throughput, efficiency, and safety while positioning the terminal to support higher volumes and more complex industrial cargo as Gulf Coast activity continues to grow.

Beyond the terminal, these investments are complemented by LOGISTEC Direct, which connects Care Terminal operations with trucking, rail, warehousing, and distribution across the LOGISTEC network. By reducing handoffs and improving visibility, LOGISTEC Direct helps accelerate cargo flow and deliver a more efficient, end-to-end logistics experience for customers moving complex cargo across regional and international markets.

About LOGISTEC

LOGISTEC is based in Montréal (QC) and provides specialized bulk, breakbulk and container cargo handling services, and logistics solutions, including trucking and warehousing, to marine and industrial companies across its North American network of 64 ports and 87 terminals. LOGISTEC also offers marine transportation services in the Arctic and marine agency services for ship owners and operators.

For further information:
Katia Reyburn
Senior Vice President, Communications and Public Affairs
LOGISTEC
comms@logistec.com

The post LOGISTEC Strengthens Gulf Coast Capacity by Adding Two Harbor Cranes at Port of Houston’s Care Terminal appeared first on Logistec.

“With the addition of LPD to the LOGISTEC network, we are expanding our reach into America’s industrial and agricultural heartland and the US inland waterways,” said Sean Pierce, CEO of LOGISTEC. “This terminal strengthens our ability to serve customers in the Midwest with efficiency and access to emerging markets. LPD’s solid operational foundation and well-established customer base, combined with our expertise and scale, positions us to unlock new opportunities to drive long‑term value.”

“LPD has a strong track record and a dedicated team, and we are proud of the role the facility has played in supporting our customers, regional supply chains and the broader community,” said Lisha Coffey, president of Travero. “As Travero continues to focus on its core businesses, this transaction aligns LPD with an owner whose expertise is operating and growing logistics terminals. LOGISTEC is well positioned to build on LPD’s momentum and support its long-term growth.”

LPD is a 100-acre, multimodal, multipurpose terminal specializing in handling, storing, and loading bulk and breakbulk commodities between barge, rail, and truck with direct rail access via CN rail and by barge to the Upper Mississippi River. LPD serves leading U.S. manufacturers in the agriculture, steel, manufacturing and energy sectors.

This announcement follows LOGISTEC’s recent acquisition agreement with IPA Terminal in Altamira, Mexico. Berenson & Company, LLC, acted as financial advisor to LOGISTEC, and King & Spalding served as the legal advisor. RJM & Company, LLC acted as the financial advisor to Travero, and Chapman & Cutler as the legal advisor.

About LOGISTEC

LOGISTEC is based in Montréal (QC) and provides specialized bulk, breakbulk and container cargo handling services, and logistics solutions, including trucking and warehousing, to marine and industrial companies across its North American network of 63 ports and 86 terminals. LOGISTEC also offers marine transportation services in the Arctic and marine agency services for ship owners and operators. For more information, visit logistec.com.

About Travero

Travero is a wholly owned subsidiary of Alliant Energy Corporation (NASDAQ: LNT) and includes CRANDIC Rail, Logistics Park Cedar Rapids, and Travero Logistics. With over 115 years of freight services experience, Travero offers innovative and comprehensive logistics solutions including rail transportation, freight brokerage, warehousing and barge terminal services. For more information, visit travero.com.

For further information:

Katia Reyburn
Senior Vice-President, Communications and Public Affairs
LOGISTEC
comms@logistec.com

The post LOGISTEC Announces Acquisition of Logistics Park Dubuque (LPD), Expanding US Inland Waterways Network and Opening New Market Connections appeared first on Logistec.

Montréal, QC – February 17 , 2026 – LOGISTEC, a leading North American marine and logistics service provider, is pleased to announce that it has successfully entered into a definitive agreement to acquire 100% of IPA Terminal (IPA, ATEMSA, SMA, STEEL, collectively “IPA”), an industry-leading breakbulk and steel handling facility, at the Port of Altamira, Mexico. This acquisition expands LOGISTEC’s presence to Latin America and marks a significant milestone in its vision as a global multi-purpose marine terminal operator.  

“This expansion is a defining moment for LOGISTEC, as we position our organization for accelerated international growth,” said Sean Pierce, CEO of LOGISTEC. “Mexico is a dynamic market, and by acquiring IPA, we are extending our reach, connecting our network to key industries, delivering value-added cargo solutions and opening new global opportunities for our customers and partners.”

“This agreement with LOGISTEC will allow IPA to create significant and exciting opportunities for its people, customers and the Altamira communities where the company operates,” said IPA’s Co-CEOs. “This transaction builds upon Mexico’s important role in the global supply chain and opens the door to new trade connections.”

IPA Terminal is a pivotal hub in handling specialized breakbulk and steel commodities in the Gulf of Mexico, serving major industrial customers and regional supply chains. With modern infrastructure, deepwater access, and skilled workforce, IPA brings strategic value to LOGISTEC’s portfolio by expanding market reach and operational excellence.

Completion of the Transaction remains subject to the satisfaction of customary closing conditions and the receipt of applicable regulatory approvals from Comisión Nacional Antimonopolio (Mexican Antitrust Commission, previously COFECE) and the Mexican Port Authorities and Navy.

Berenson & Company, LLC acted as financial advisor to LOGISTEC, Holland & Knight served as the legal advisor.

About LOGISTEC
LOGISTEC is based in Montréal (QC) and provides specialized bulk, breakbulk and container cargo handling services, and logistics solutions, including trucking and warehousing, to marine and industrial companies across its North American network of 63 ports and 86 terminals. LOGISTEC also offers marine transportation services in the Arctic and marine agency services for ship owners and operators.

For further information:
Katia Reyburn
Senior Vice-President, Communications and Public Affairs
LOGISTEC
comms@logistec.com

Official spanish press release:
https://www.prnewswire.com/mx/comunicados-de-prensa/logistec-amplia-su-alcance-internacional-mediante-en-un-acuerdo-de-adquisicion-de-ipa-terminal-en-altamira-mexico-302689755.html

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“LOGISTEC is honored to receive this award by IBJ for our specialized dry bulk handling expertise,” said Sean Pierce, CEO of LOGISTEC. “Bulk commodities are crucial to the global economy, fueling industries, creating jobs, and driving growth. At LOGISTEC, we collaborate closely with our supply chain partners to create new opportunities and deliver added-value services and operational excellence. Congratulations to our team of experts at Port Redwing for their dedication and commitment.”

LOGISTEC’s Port Redwing terminal is strategically located on Florida’s west Gulf coast and spans 29 acres, handling a diverse range of bulk materials including sulfur, gypsum, aggregates and grain. The terminal operates two active berths with plans for expansion, handling an average of four vessels and 3,420 trucks per month, moving up to 3 million metric tons of cargo annually.  This terminal exemplifies LOGISTEC’s commitment to efficient bulk handling operations while maintaining high standards of environmental and operational stewardship.

The IBJ Awards are widely regarded as a salute to excellence in the marine bulk industry, honoring exceptional achievements and innovations of world-leading companies in various categories. IBJ is a top source of information focusing on all aspects of moving bulk cargo around the world.

About LOGISTEC

LOGISTEC is based in Montréal (QC) and provides specialized bulk, break-bulk and container cargo handling services, and logistics solutions including trucking and warehousing, to marine and industrial companies across its North American network of 62 ports and 85 terminals. LOGISTEC also offers marine transportation services in the Arctic and marine agency services for ship owners and operators.

For further information:

Katia Reyburn
Senior Vice-President, Communications and Public Affairs
LOGISTEC
comms@logistec.com

The post LOGISTEC Wins Prestigious International Bulk Journal’s 2025 Award for Best Specialist Dry Bulk Terminal at Port Redwing, Florida appeared first on Logistec.

“As the global supply chain evolves, LOGISTEC is expanding the range of services in Baltimore to handle new cargos and offer turnkey logistics solutions under the LOGISTEC brand,” said Sean Pierce, CEO of LOGISTEC. “We are also implementing new technology to increase terminal fluidity and efficiency. This positions our Baltimore terminal as a key gateway, connecting our customers directly with LOGISTEC’s network of 85 terminals and creating opportunities for innovation and growth.”

New technology will be implemented this year to minimize congestion and ease the traffic flow through the terminal. Integrated with the appointment system, the process saves time and improves the accuracy of cargo receipt and delivery. LOGISTEC’s tech focus reinforces its commitment to operational excellence in one of North America’s future-looking ports.

LOGISTEC has been operating as BalTerm, LLC in Baltimore since 1990, where it quickly became recognized internationally for excellence in handling import pulp and paper for the U.S. top manufacturers and distributors. Strategically located on the U.S. East Coast with solid rail and road connections, the Maryland Port Authority is an important supply chain partner.

30 –

About LOGISTEC

LOGISTEC is based in Montréal (QC) and provides specialized bulk, break-bulk and container cargo handling services, and logistics solutions including trucking and warehousing, to marine and industrial companies across its North American network of 62 ports and 85 terminals. LOGISTEC also offers marine transportation services in the Arctic and marine agency services for ship owners and operators.

For further information:

Katia Reyburn
Senior Vice President, Communications and public affairs
LOGISTEC
comms@logistec.com

The post LOGISTEC Expands Marine Cargo Handling Services at Baltimore Terminal: BalTerm rebrands as LOGISTEC appeared first on Logistec.

“Tex’s deep expertise in financial leadership and logistics will be a great asset for LOGISTEC,” said Sean Pierce, CEO of LOGISTEC. “Tex has a strong track record of optimizing complex operations and driving financial performance. As we focus on expanding our portfolio, Tex’s experience in strategic planning and execution will support our growth initiatives and strengthen our market position.”

“LOGISTEC is entering an exciting period of international expansion,” said Tex Howard. “It’s a tremendous opportunity to be a part of a highly experienced team and a dynamic business with a solid reputation. I am truly looking forward to building upon LOGISTEC’s legacy of operational excellence and continued success.”

With twenty years in the industry, spanning manufacturing, rail equipment leasing and repair, and transportation, Tex brings unparalleled insight into leading high-performing teams across multi-national operations. He has successfully lead integrations and growth strategies in North American markets, which will be instrumental in delivering results to create value for all stakeholders.

About LOGISTEC

LOGISTEC is based in Montréal (QC) and provides specialized bulk, break-bulk and container cargo handling services, as well as logistics solutions, to marine and industrial companies across its North American network of 62 ports and 85 terminals. LOGISTEC also offers marine transportation services in the Arctic and marine agency services for shipowners and operators.

For further information:

Katia Reyburn
Senior Vice-President, Communications and Public Affairs
LOGISTEC
Comms@logistec.com

The post LOGISTEC Appoints New Chief Financial Officer Texas Howard to Advance Growth and International Expansion appeared first on Logistec.

“Reaching 30 certified terminals, including our remote location in the Canadian Arctic, is a culmination of the hard work and shared vision of our entire organization,” said Sean Pierce, CEO of LOGISTEC and Green Marine board member. “Together, in collaboration with our port partners, we will pursue our goal of certifying all our terminals across our North American network, reducing our carbon footprint and leading for a sustainable future in the marine industry.”

Green Marine is an environmental certification program requiring participants to continually improve their performance through rigorous, independently verified criteria. The organization is also creating a network of marine partners worldwide, driving innovation across borders. LOGISTEC’s ongoing commitment to this program and international vision highlights its deep-rooted focus on continuous improvement.

LOGISTEC recently released its 2025 Sustainability Report, detailing its progress and future goals to drive positive change across its operations. The report highlights achievements in reducing greenhouse gas emissions, enhancing community engagement, and fostering a culture of safety and innovation. Read the full report here.

About LOGISTEC

LOGISTEC is based in Montréal (QC) and provides specialized bulk, break-bulk and container cargo handling services, as well as logistics solutions, to marine and industrial companies across its North American network of 62 ports and 85 terminals. LOGISTEC also offers marine transportation services in the Arctic and marine agency services for shipowners and operators.

For further information:
Katia Reyburn
Senior Vice-President, Communications and Public Affairs
LOGISTEC
Comms@logistec.com 

The post LOGISTEC Sets Industry Record with 30 Green Marine Certified Terminals Across North America appeared first on Logistec.

“We are pleased to further strengthen our leadership team with the appointments of Michel Brisebois and Katia Reyburn, who will support our organization’s vision as a global multi-purpose terminal operator and logistics service provider,” stated Sean Pierce, CEO of LOGISTEC. “Ensuring a strong relationship with our people and our stakeholders, they will play an important role in driving solid results through safety, collaboration and excellence.”

With over 25 years of experience in human resources, Michel Brisebois has extensive expertise in talent management within the supply chain industry. His unique insight into attracting, developing, and retaining the best talent, and leading labour relations are crucial to LOGISTEC’s success in an ever-evolving industry. He holds a Bachelor’s and Master’s degree in industrial relations, as well as a certificate in Business Administration from Université Laval.

“Our people are our greatest asset,” said Michel Brisebois. “As a key supply chain partner, our teams across the network continue to find solutions for our customers, contributing to a sustainable future for the industry.”

Katia Reyburn has an impressive track record, having led communications and public affairs in large corporations for over 25 years. Since joining LOGISTEC in 2021, she has elevated the Company’s position in the industry. In her new role, she will leverage her expertise in corporate communications to strengthen LOGISTEC’s strategic positioning and support our business objectives. She holds a Bachelor’s degree from McGill University and a Master’s degree in communications from the University of Quebec in Montreal (UQAM).

“We have built a solid reputation as an industry leader with an innovative and customer-first focus,” stated Katia Reyburn. “By leveraging our extensive network, investing in digital solutions, and fostering a culture of innovation, we will pursue our growth in the marine and logistics market.”

About LOGISTEC

LOGISTEC is based in Montréal (QC) and provides specialized bulk, break-bulk and container cargo handling services, as well as logistics solutions, to marine and industrial companies across its North American network of 62 ports and 87 terminals. LOGISTEC also offers marine transportation services in the Arctic and marine agency services for shipowners and operators.

For further information:

Camille Loranger
Senior Communications Advisor
LOGISTEC
comms@logistec.com

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