FTAI Infrastructure acquires Tidewater Logistics for $45M

Key Facts

Amid a wave of M&A activity in the infrastructure sector, FTAI Infrastructure has announced the acquisition of Tidewater Logistics for $45 million. The deal aims to expand the company's logistics and infrastructure operations, according to reports.

The move comes as the logistics industry sees increasing consolidation, with companies seeking economies of scale and operational synergies. The Tidewater acquisition is a relatively small addition within FTAI's broader expansion strategy.

As FTAI focuses on growing its infrastructure business, further deals may be announced in the coming period. The acquisition could support operational efficiency over the long term.