Strobel Starostka Transfer Canada LTD to Acquire Simba Industries Transload LTD

RED DEER, Alberta--()--Strobel Starostka Transfer Canada LTD (SSTC) announced today that it will acquire Alberta-based Simba Industries Transload LTD (Simba), one of Canada’s leading rail terminal transload and logistics providers, for an undisclosed amount. Simba is currently led by company founder Marvin Trimble, who will stay on board to lead the company’s Canadian efforts as SSTC’s director of commercial development. The acquisition is expected to close in March 2014.

Strobel Starostka Transfer Canada entered the Canadian market in 2014 alongside its design and construction affiliate, Strobel Starostka Construction Canada LTD (SSCC). Together SSCC and SSTC offer complete turnkey solutions to the growing Canadian crude-by-rail and NGL-by-rail markets, including rail terminal design, engineering, procurement, construction, startup, operations, logistics, switching, and railcar repair and maintenance. Both companies are affiliated with their U.S. counterparts, Strobel Starostka Construction LLC and Strobel Starostka Transfer LLC.

Simba and its founder Marvin Trimble have an 18-year history in the Canadian energy industry, participating in the design of more than 21 crude oil rail terminals, the startup of 15 terminals, the conversion of eight terminals to accommodate crude oil, and the loading and offloading of more than 4,800 railcars.

“The acquisition of Simba is a very exciting development as we take our first steps into the Canadian market and pursue our North American growth strategy,” said Steve Strobel, chief executive officer of Strobel Starostka Transfer Canada and Strobel Starostka Construction Canada. “This is a powerful combination. The marriage of Simba’s reputation and Marvin’s experience in the Canadian energy industry with our unique, integrated approach will provide customers in Canada with improved terminal design, faster speed to market and a seamless handoff at startup for ongoing terminal operations.”

“The crude-by-rail industry in Canada is growing significantly,” said Marvin Trimble, founder and President of Simba Industries Transload. “As more unit train terminals are being built to keep up with increased oil production, we are seeing a gap in the market for turnkey terminal design, build and operations services. The Strobel Starostka companies are pioneers in the industry, with years of experience in rail facility design and construction and a proven track record of success in the operation of crude oil unit train facilities.

“I have no doubt that Simba’s current customers and my colleagues in the industry will benefit greatly from the strategic solutions that the Strobel Starostka teams will offer, and I look forward to joining forces with them as they bring their expertise across the border.”

In addition to Marvin Trimble and Steve Strobel, SSTC’s management team is led by President Kevin Goins; Vice President of Operations Mike Salek; and Vice President of Commercial Development and Strategy Travis Brock. Simba’s current 22 employees will also join SSTC.

About Simba Industries Transload LTD

With projects in six provinces and two states, Simba has an unmatched safety and environmental record. Simba’s training and startup teams are recognized as the industry leaders in Canada, which can be attributed to the fact that Simba’s staff has a total of more than 50 years of experience in the transloading industry. Simba’s measurement and audit teams are recognized on both sides of the border for their industry knowledge and attention to detail. Simba has also been a leader in bringing higher standards of safety and measurement equipment to the industry.

About Strobel Starostka Transfer Canada LTD

Strobel Starostka Transfer Canada (SSTC) is an affiliated company of Strobel Starostka Transfer LLC. Strobel Starostka Transfer has operations across five states and is the U.S. leader in operating transload facilities for the energy industry. The company has decades of experience with transload operations for crude oil, frac sand, ethanol, methanol, biodiesel, drilling mud and pipe. Capabilities include terminal operations; rail, truck and barge logistics; rail integration and switching; mobile transload services; railcar repair and maintenance; and turnkey logistics and site management. www.sstenergycanada.com

About Strobel Starostka Construction Canada LTD

Strobel Starostka Construction Canada (SSCC) specializes in design/build and engineering, procurement and construction (EPC) solutions for the energy industry. The company’s areas of focus include terminals and bulk storage for refined fuels, crude oil, ethanol and natural gas liquids; marine marketing terminals; and rail facilities. SSCC is an affiliated company of Strobel Starostka Construction LLC, the industry leader in design/build solutions for rail loading and unloading facilities in the United States with experience that stretches across both manifest railcar and unit train facilities. www.sscdesignbuildcanada.com

Contacts

TEN||10 Group
Meredith Howard
210-737-4478
Meredith.Howard@Ten10Group.com

Release Summary

Strobel Starostka Transfer Canada LTD announced today that it will acquire Alberta-based Simba Industries Transload LTD, one of Canada’s leading rail terminal transload and logistics providers.

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Contacts

TEN||10 Group
Meredith Howard
210-737-4478
Meredith.Howard@Ten10Group.com