Global Partners and ExxonMobil Acquire 64 Houston-Area Convenience and Fueling Sites from Landmark Group
March 29, 2023
Global Partners LP and ExxonMobil have signed an agreement to acquire 64 Houston-area convenience and fueling facilities from the Landmark Group. The assets will be purchased under the joint venture Spring Partners Retail LLC, with Global Partners acting as the management company/operator; the transaction is expected to close in Q2 2023, subject to regulatory clearance.
- Buyers
- Global Partners LP, ExxonMobil
- Targets
- 64 Houston-area convenience and fueling facilities (Landmark Group)
- Sellers
- Landmark Group
- Industry
- Retail
- Location
- Texas, United States
- Transaction Type
- Divestiture
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