U.S. Silica Makes Deal To Buy Sandbox Enterprises

摘要

U.S. Silica Holdings Inc. has entered a definitive agreement to acquire Sandbox Enterprises LLC, which it describes as a leading provider of innovative logistics solutions and technology for transporting containerized proppant. "This transformative acquisition enables us to offer customers significantly improved transportation and operating efficiencies, a safer work environment, and significant cost savings relative to current proppant delivery systems," says U.S. Silica President and Chief Executive Officer Bryan Shinn. "Sandbox's proprietary delivery solution is critical to addressing the growing logistical challenges our customers face as operators continue to increase the amount of proppant they use in each well."