Harvestone Group Acquires Gateway Terminals LLC

Zenith Energy Acquires Bulk Terminal Storage from Guttman Realty

February 2, 2021

Energy

Zenith Energy Terminals Holdings LLC has completed the acquisition of the assets of Bulk Terminal Storage from Guttman Realty, adding three storage terminals in Aurora, Ohio; Belle Vernon, Pennsylvania; and Star City, West Virginia with 560,000 barrels of aggregate capacity. The deal expands Zenith’s Midwest and Marcellus/Utica footprint and strengthens its ability to store conventional fuels and alternative fuels including renewable diesel, biofuel and ethanol.

Harvest Midstream Acquires Remaining Interest in Arrowhead Gulf Coast Holdings

July 20, 2022

Oil & Gas

Harvest Midstream completed the purchase of the remaining interest in Arrowhead Gulf Coast Holdings (AGCH), bringing AGCH under full ownership after acquiring the 37.5% stake previously held by a fund managed by BlackRock Real Assets. The transaction consolidates Harvest’s control of nearly 300 miles of crude and condensate pipelines and terminal assets serving the Louisiana refinery market, reinforcing its commitment to the Gulf Coast region.

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.

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.

Associated Terminals Management Group Acquires S.H. Bell Company

May 10, 2024

Logistics & Distribution

Associated Terminals' management group has purchased S.H. Bell Company and its subsidiaries. S.H. Bell will continue to operate under its existing name with its current management team in place; the deal is intended to create operational efficiencies and expand service offerings and geographic reach across terminals, warehousing, and drayage operations.

Ara Partners Acquires Majority Interest in Lincoln Terminal Holdings

November 15, 2022

Energy

Ara Partners has acquired a majority ownership interest in Lincoln Terminal Holdings, LP, a Greenville, South Carolina-based provider of renewable fuel rail transloading and storage facilities. Ara committed additional capital to support significant expansion of Lincoln's renewable fuel infrastructure footprint across the Southeast and Mid-Atlantic United States.