Renewable Energy Group Acquires Amber Resources (dba Sawyer Petroleum) and Affiliates
January 4, 2022
Renewable Energy Group, Inc. (REG) has acquired Amber Resources, LLC (dba Sawyer Petroleum) and affiliated entities M.O. Dion & Sons and Amber Petroleum Products, expanding REG's downstream footprint in Southern California. The acquisition adds over 60 million gallons/year of diesel sales, a significant lubricants business (Shell Prestige distributor), eight locations including three cardlock sites, and is expected to be immediately accretive.
- Buyers
- Renewable Energy Group, Inc.
- Targets
- Amber Resources, LLC (dba Sawyer Petroleum), M.O. Dion & Sons, Amber Petroleum Products
- Sellers
- Matt Cullen
- Industry
- Oil & Gas
- Location
- California, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Renewable Energy Group Acquires Dawson Oil Company
May 2, 2022
Energy
Renewable Energy Group (REG) has acquired Dawson Oil Company, a family-owned bulk fuel distributor and cardlock operator in Northern California. The acquisition adds roughly 24 million gallons/year of fuel sales, six cardlock locations, and ~4,500 customers to REG's downstream distribution network to expand delivery of REG's lower-carbon EnDura Fuels to commercial, agricultural, industrial and government end users in the region.
-
Chevron Acquires Renewable Energy Group for $3.15 Billion
February 28, 2022
Energy
Chevron Corporation agreed to acquire Renewable Energy Group, Inc. (REG) in an all-cash transaction valued at about $3.15 billion, bringing REG's renewable fuels production, feedstock capabilities and pre‑treatment facilities into Chevron's Downstream and Renewables operations. The deal accelerates Chevron's plan to grow renewable fuels capacity and expands its low‑carbon fuels offering; REG shareholders approved the transaction and REG's leadership (CJ Warner) joined Chevron's board following closing.
-
Boyd Watterson and Amber Infrastructure Combine to Form Global Alternatives Platform
May 30, 2024
Financial Services
Boyd Watterson Asset Management and Amber Infrastructure Group have combined under a common parent (Boyd Watterson LLC) to create a global alternatives investment platform with approximately $35.7 billion in AUM and over 300 investment professionals. The strategic combination expands geographic reach and product capabilities across real estate, infrastructure and fixed income, and was facilitated by investor Hunt Companies.
-
Taurus Industrial Group Acquires Amber LP
June 16, 2021
Industrial Services
Taurus Industrial Group, a SCF Partners portfolio company, has acquired Amber LP, an electrical and instrumentation services provider serving downstream, industrial and utility customers along the Texas Gulf Coast. The acquisition is an add-on to Taurus' industrial services platform intended to expand electrical & instrumentation capabilities, broaden the customer base and create operational synergies with Taurus' engineering, testing and construction businesses.
-
Seabreeze Management Company Acquires Amber Property Management
August 6, 2024
Real Estate
Seabreeze Management Company has acquired Amber Property Management, a full-service property management firm based in Mission Viejo, California. The deal expands Seabreeze's team to over 700 colleagues and is part of Seabreeze's strategic growth plan to broaden its residential and commercial management footprint and resources.
-
Ares Management Acquires Dynamic Renewables with Minority Investment from NorthWestern Energy
July 26, 2023
Renewable Energy
A fund managed by Ares Management's Infrastructure Opportunities strategy has acquired Dynamic Renewables, a U.S.-based developer, owner and operator of anaerobic digestion and renewable natural gas (RNG) projects. An unregulated affiliate of NorthWestern Energy also took a small minority stake; the investments will support development, construction and expansion of Dynamic's pipeline and operating assets, including the BC Organics facility in Wisconsin.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.