Commercial silica producer U.S. Silica Holdings Inc. completed the acquisition of Sandbox Enterprises LLC, a proppant transportation solutions provider, U.S. Silica said Aug. 23.
"This acquisition provides U.S. Silica with unmatched logistics capabilities, enabling us to deliver a transformative value proposition to our customers with Sandbox's unique proprietary 'last mile' delivery system," said Bryan Shinn, president and CEO.
"Sandbox's containerized approach provides customers with a safer, more reliable delivery solution that de-couples sand delivery from consumption at the well site. We believe Sandbox has tremendous runway to grow in scale and industry adoption and will ultimately create long-term value for our shareholders," he added.
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