On the Record · Kirby
Kirby acquisitions, on the record
The businesses Kirby bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Stewart & Stevenson LLCWord for word“The Company began participation in the Central Pension Fund of the International Union of Operating Engineers and Participating Employers (“CPF”) with the Stewart & Stevenson LLC acquisition on September 13, 2017.” 10-K for 2023 | acquisition | September 13, 2017 | — |
S&SWord for word“With the acquisition of S&S in September 2017, the Company added additional EMD distributorship rights in key states, primarily through the Central and South areas of the United States.” 10-K for 2023 | acquisition | September 2017 | — |
Higman Marine, Inc. (“Higman”)Word for word“On February 14, 2018, with the acquisition of Higman Marine, Inc. (“Higman”), the Company assumed Higman’s pension plan (the “Higman Pension Plan”) for its inland vessel personnel and office staff.” 10-K for 2023 | acquisition | February 14, 2018 | — |
Penn Maritime, Inc.Word for word“The Company began participation in the Seafarers Pension Trust (“SPT”) with the Penn Maritime, Inc. acquisition on December 14, 2012.” 10-K for 2023 | acquisition | December 14, 2012 | — |
Convoy Servicing Company and Agility Fleet Services, LLCWord for word“In 2020, with the acquisition of Convoy Servicing Company and Agility Fleet Services, LLC, the Company expanded its dealership network of Thermo King refrigeration systems for trucks, railroad cars, and other land transportation markets in Texas and Colorado.” 10-K for 2023 | acquisition | 2020 | — |
gearbox repair company in KDSWord for word“On March 31, 2022, the Company paid $ 3.9 million in cash to purchase assets of a gearbox repair company in KDS.” 10-K for 2023 | acquisition | March 31, 2022 | $ 3.9 million |
energy storage systems manufacturer based in TexasWord for word“On October 4, 2021, the Company paid $ 1.6 million in cash to purchase assets of an energy storage systems manufacturer based in Texas which have been key to the development of new power generation solutions for electric fracturing equipment.” 10-K for 2023 | acquisition | October 4, 2021 | $ 1.6 million |
Hawaii marine transportation equipmentWord for word“As a result of the sale of the Hawaii marine transportation equipment, and the decision to retire certain additional underutilized coastal tank barges and tugboats, the Company concluded that a triggering event had occurred and performed interim quantitative impairment tests as of September 30, 2021 for certain of KMT’s long-lived assets and goodwill within the coastal marine market.” 10-K for 2023 | divestiture | — | — |
gearbox repair companyWord for word“On March 31, 2022, the Company paid $ 3.9 million in cash to purchase assets of a gearbox repair company in KDS.” 10-K for 2024 | acquisition | March 31, 2022 | $ 3.9 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | $137.1 million |
| 2017-12-31 | $470.1 million |
| 2018-12-31 | $533.9 million |
| 2019-12-31 | −$262.5 million |
| 2020-12-31 | $355 million |
| 2021-12-31 | $9.1 million |
| 2022-12-31 | $3.9 million |
| 2023-12-31 | $37.5 million |
| 2024-12-31 | $77.9 million |
| 2025-12-31 | $115.7 million |
Deal filings since 2016
- 2026-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-02-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-07-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-02-16 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-02-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-02-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-14 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-08-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Kirby’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.