Stratrix
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

BusinessDealWhenValue
Stewart & Stevenson LLC
Word 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
acquisitionSeptember 13, 2017—
S&S
Word 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
acquisitionSeptember 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
acquisitionFebruary 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
acquisitionDecember 14, 2012—
Convoy Servicing Company and Agility Fleet Services, LLC
Word 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
acquisition2020—
gearbox repair company in KDS
Word 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
acquisitionMarch 31, 2022$ 3.9 million
energy storage systems manufacturer based in Texas
Word 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
acquisitionOctober 4, 2021$ 1.6 million
Hawaii marine transportation equipment
Word 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 company
Word 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
acquisitionMarch 31, 2022$ 3.9 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash 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

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.