Ridgewood Infrastructure and Savage, a privately held global provider of supply-chain infrastructure and solutions, have acquired The Dupuy Group, a provider of near-port logistics infrastructure and services for customers in the food and agriculture sector. Financial terms were not disclosed.
Founded in 1936, Dupuy owns and operates strategically advantaged intermodal infrastructure near the ports of Houston; Jacksonville, Fla.; Charleston, S.C.; and New Orleans.
Ridgewood and Savage made the acquisition via their Transportation Infrastructure Partners joint venture, which focuses on acquiring and operating critical transportation and logistics infrastructure throughout the United States. Savage is the operator of investments made by the joint venture.
Dupuy is the partnership’s third acquisition, complementing prior acquisitions of Carolina Marine Terminal in Wilmington, N.C., and Nassau Terminals, which operates the Port of Fernandina in Florida.