Zenith Energy Acquires Bulk Terminal Storage from Guttman Realty

Zenith Energy Acquires Three West Coast Terminals from Plains All American Pipeline

October 16, 2020

Energy

Zenith Energy U.S., L.P. completed the acquisition of three interconnected terminals in greater Los Angeles (Long Beach, Dominguez Hills and Alamitos) from Plains All American Pipeline. The assets include an aggregate storage capacity of 8.2 million barrels and ~50 miles of bi-directional pipeline, giving Zenith a strategic foothold in the Los Angeles market to serve refineries, biorefineries and marine docks.

United Energy Corporation Acquires Integrity Terminals, LLC

August 5, 2022

Energy

United Energy Corporation (UNRG) acquired 100% of Integrity Terminals, LLC, expanding its midstream footprint and moving from a prior 12% minority stake to full ownership. The acquisition includes an option to purchase 686 acres in Iberville Parish, Louisiana, for a planned Gulf Coast bulk storage and import/export terminal; UNRG has engaged EXCEL Midstream Solutions for design, permitting and engineering work.

Harvestone Group Acquires Gateway Terminals LLC

August 17, 2021

Logistics & Distribution

Harvestone Group has acquired Gateway Terminals LLC, a bulk liquid terminal complex in Sauget, Illinois with 400,000 barrels of tank capacity and multimodal truck, rail, and barge capabilities. The purchase expands Harvestone’s marketing, logistics and trading platform and strengthens its position in key biofuels and commodity supply chains.

Guttman Energy / Source One Transportation Acquire Assets of Weaver Energy

September 16, 2024

Energy

Guttman Energy and Source One Transportation, subsidiaries of employee-owned Guttman Holdings, acquired the assets of Weaver Energy, Inc., a Lititz, Pennsylvania-based home heating oil, bulk fuels and HVAC services provider. The acquisition expands Guttman’s market coverage and enhances its home heating oil, bulk fuel delivery, and transportation capabilities in central and eastern Pennsylvania; Weaver employees will join Guttman’s ESOP.

Global Partners LP Acquires Four Liquid Energy Terminals from Gulf Oil

April 9, 2024

Oil & Gas

Global Partners LP has completed the acquisition of four liquid energy terminals from Gulf Oil Limited Partnership — Chelsea, MA; New Haven, CT; Linden, NJ; and Woodbury, NJ — for $212.3 million. The terminals add approximately 3.0 million barrels of shell capacity and strengthen Global's storage and distribution network across the U.S. Northeast, expanding its ability to serve gasoline, distillate and ethanol markets.

Global Partners LP Acquires 25 Liquid Energy Terminals from Motiva Enterprises

December 21, 2023

Oil & Gas

Global Partners LP completed the acquisition of 25 liquid energy terminals from Motiva Enterprises LLC for $305.8 million in cash, supported by a 25-year take-or-pay throughput agreement with Motiva. The purchase nearly doubles Global's U.S. terminal footprint, expanding access to marine loading facilities and major refined-product pipelines to strengthen its supply, storage and retail network.