RJM Company Facilitates Travero's Sale of Logistics Park Dubuque to LOGISTEC

In a strategic move within the logistics sector, RJM Company, LLC has acted as the exclusive financial advisor for Travero, a subsidiary of Alliant Energy Corporation, in its recent sale of Logistics Park Dubuque (LPD) to LOGISTEC, a prominent North American marine terminal and logistics services provider.

Located in East Dubuque, Illinois, right on the Upper Mississippi River, LPD serves as a bustling multipurpose marine terminal. This acquisition not only showcases LOGISTEC's commitment to expanding its network but also enables it to enhance its service capabilities in the Midwest and Gulf Coast regions. By integrating LPD into its infrastructure, LOGISTEC aims to improve logistical solutions for agriculture, manufacturing, and energy supply chains across these vital corridors.

Sean Pierce, LOGISTEC's CEO, stated, "With the addition of LPD to our network, we are expanding our reach into America's industrial and agricultural heartland. This facility will provide us with crucial routing options that enable efficient service performances, especially with the emerging markets we are targeting."

The operational strength and established clientele of LPD are critical factors that will drive value for LOGISTEC. The terminal spans over 100 acres and specializes in the handling, storage, and loading of bulk and breakbulk commodities. It provides seamless transportation between barge, rail, and truck, boasting direct rail access through CN Rail while connecting directly to the Upper Mississippi River by barge.

Lisha Coffey, the president of Travero, reflected on the sale, affirming the terminal's positive history and its importance in supporting regional supply chains. "LPD has a strong legacy and a dedicated workforce, and we are proud of how it has supported our customers and local communities. This transaction aligns LPD with LOGISTEC, an owner known for its logistics expertise, ensuring that LPD continues to grow and thrive."

The sale has garnered significant attention not only due to the logistical implications but also because of the potential for an economic boost in the area. Operations at LPD will now benefit from LOGISTEC's extensive experience and resources, which may lead to increased throughput and job creation.

In addition to RJM Company, other key players involved in the transaction included Chapman and Cutler LLP, which served as legal advisor for Travero, and Berenson Company, LLC, which acted as financial advisor for LOGISTEC, alongside King Spalding as their legal counsel.

About LOGISTEC

LOGISTEC, headquartered in Montréal, Quebec, provides specialized cargo handling and logistics solutions across a network of 63 ports and 86 terminals in North America. The firm also extends its services into marine transportation in the Arctic and offers agency services to ship owners and operators.

About Travero

As a wholly owned subsidiary of Alliant Energy Corporation (NASDAQ: LNT), Travero encompasses CRANDIC Rail and Logistics Park Cedar Rapids, with a rich heritage of over 115 years in freight services. The company is recognized for its innovative logistics solutions, including rail transportation, freight brokerage, and barge terminal services.

About RJM Company

RJM Company is a boutique investment bank specializing in mergers, acquisitions, and capital market advisory services, focusing on an array of sectors that include transportation, energy, and manufacturing. The firm prides itself on providing clients with in-depth independent advice, guiding transition strategies that are timely and beneficial.

For those seeking additional insights into RJM Company or the broader transaction landscape, further information is available through the respective corporate websites.