Enstructure, a US marine terminal and logistics company, has acquired Richardson Companies, a terminal and logistics company with primary operations in Port Houston and the Port of Mobile. Richardson handles a diverse mix of breakbulk cargoes, including steel products, forest products, and project cargo. The company operates approximately 1m square feet of industrial warehousing in Houston, Baytown, Freeport and Mobile.
Following the acquisition, Enstructure will operate 20 terminals along the Gulf Coast, East Coast and inland river system, with over 1,200 employees and over 5m square feet of industrial warehouse capacity.
“Enstructure’s expertise in terminal operations and its growing market presence made the company a natural fit,” said Kelly, Chance and Mike Richardson, owners of Richardson. “Over 270 Richardson employees, including all operating personnel and management, will remain in place following the acquisition. We are confident that Enstructure’s industry-leading service will ensure a seamless transition for Richardson’s customers and employees. We are excited to partner with Enstructure to share best practices and invest in our systems and equipment to create long-term growth opportunities for our customers across the Gulf Coast.”