SSA Marine Acquires Ceres Terminals

SEATTLE, WA – September 12, 2023 – Carrix, a leading marine terminal operator in the U.S. and the Americas, today announced the completion of its previously announced acquisition of Ceres Terminals (“Ceres”) from Macquarie Infrastructure Partners III, a fund managed by Macquarie Asset Management. Financial terms of the transaction were not disclosed.

Ceres was established in 1958 and rapidly grew to one of North America’s leading terminal operators and stevedores. As a result of this transaction, the joint operations will expand to serve more customers with more services across the globe. Carrix, the parent company of SSA Marine and its affiliates, will now have a combined footprint that extends further into North America, Central America, South America and Asia, and particularly in the Gulf and Atlantic regions of the United States.

Carrix and the company’s senior leadership team remain deeply committed to safety, customer service, employees, other stakeholders, and plan to leverage the extensive combined industry experience and shared best practices of Carrix and Ceres to provide the leading terminal operations and stevedoring services to container, cruise line, breakbulk, and auto customers in North America.

About Carrix
Carrix is among the world’s leading independent, privately-held marine terminal operators, with activities at more than 250 terminal facilities and rail operations throughout geographies in the U.S., Canada, Mexico, Central America, South America and Asia. Carrix subsidiary Tideworks Technology provides technology solutions for the transportation industry. Since its founding in 1949, Carrix has continued to grow, always focusing on its customers’ interests and now employees more than 17,000 people globally.