The Online Investor
Oil & Gas Equipment & Services M&A image Oil & Gas Equipment & Services M&A » By The Online Investor Staff, updated Mon., Feb. 17, 6:55 AM Recent mergers and acquisitions in the Oil & Gas Equipment & Services M&A category.

Slide #92. Global Partners LP West Coast crude oil and ethanol facility

Acquirer: Global Partners LP (NYSE:GLP)
Acquiree: West Coast crude oil and ethanol facility
Details: Global Partners LP announced that it has signed an agreement to acquire 100 percent of the membership interests in a West Coast crude oil and ethanol facility near Portland, Oregon from Cascade Kelly Holdings LLC. The total purchase price is expected to be approximately $95 million. The transaction includes a rail transloading facility serviced by the BNSF Railway, 200,000 barrels of storage capacity, a deepwater marine terminal, a 1,200-foot dock and the largest ethanol plant on the West Coast. Situated along the Columbia River in Clatskanie, Oregon, the site is located on land leased under a long-term agreement from the Port of St. Helens. In November 2012, the facility began transloading unit trains of crude oil.

Global Partners is a master limited partnership that owns, controls or has access to a terminal network of refined petroleum products and renewable fuels. Co.'s segments are: Wholesale, which sells, gathers, blends, stores and transports refined petroleum products, gasoline blendstocks, renewable fuels, crude oil and propane; Gasoline Distribution and Station Operations, which sells branded and unbranded gasoline to gasoline station operators and sub-jobbers; and Commercial, which includes sales and deliveries to end user customers in the public sector and to commercial and industrial end users of unbranded gasoline, home heating oil, diesel, kerosene, residual oil and bunker fuel.

Preferred: GLP.PRA



Open the GLP Page at The Online Investor »

Company Name: 
Global Partners LP
Website: 
www.globalp.com
Sector: 
Oil & Gas Equipment & Services
Number of ETFs Holding GLP: 
3
Total Market Value Held by ETFs: 
$6.45M
Total Market Capitalization: 
$655.00M
% of Market Cap. Held by ETFs: 
0.98%
 

Open the GLP Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Sell (1.00 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Oil & Gas Equipment & Services M&A - Slide 92 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.