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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