JET Infrastructure Acquires Five IMTT Fuel Terminals

October 31, 2023

JET Infrastructure acquired five fuel terminals from International-Matex Tank Terminals (IMTT), expanding the company's presence into Georgia, Alabama and New Mexico and increasing capacity and connectivity for aviation fuel and biofuels in the U.S. Southeast. The deal brings JET's portfolio to 12 assets with more than 2.1 million barrels of storage capacity and a network of 145 miles of pipeline; the terminals were sold by IMTT, which is headquartered in New Orleans, Louisiana.

Buyers
JET Infrastructure
Targets
International-Matex Tank Terminals (five terminals/assets)
Sellers
International-Matex Tank Terminals
Industry
Energy
Location
Louisiana, United States
Transaction Type
Divestiture

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