Target Logistics Sold for 625 Million | VideoChris Williams | 2/13/2013
The company says the main reason for the merger is the potential to expand. Scotsman operates in 37 countries. Those who live in the camps may not notice any changes. The name will remain the same, and senior management will not change.
The Bakken was one of Target Logistics biggest payoffs.
“The Bakken was really kind of one of our first real big stabs at long-term housing, so the Bakken was definitely a big factor in the sell,” said Target Logistics Regional Vice President Travis Kelley.
Target Logistics had plenty of experience putting up housing for short term events, like the Olympics.