CMT invests in Ridgewood JV
Carolina Marine Terminal, (CMT), a large privately owned port facility, is investing in Transportation Infrastructure Partners, a joint venture between Ridgewood Infrastructure and Savage. CMT specialises in dry bulk cargoes. The amount invested was not disclosed by the transaction partners.
Located in Wilmington, North Carolina (USA), CMT offers a full range of services that span stevedoring, storage and warehousing and distribution via both truck and rail.
Transportation Infrastructure Partners focuses on acquiring and operating critical transportation and logistics infrastructure throughout the United States. Savage will operate the investments made by the joint venture. Ridgewood Infrastructure invests in essential infrastructure in the USA. (mw)
www.carolinamarineterminal.com
www.ridgewoodinfrastructure.com