.
MergerLinks Header Logo

Announced

Completed

NGL Energy Partners has completed its acquisition of Mesquite Disposals for $893m.

Financials

Edit Data
Transaction Value£707m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

United States

Water

Natural

Acquisition

water disposal

Private

Single Bidder

Synopsis

Edit

NGL Energy Partners, the energy business has completed its acquisition of Mesquite Disposals, water disposal company for $893m. The acquisition has been announced on 14/05/2019. “The closing of our Mesquite transaction creates the largest water disposal system in the Delaware Basin with permitted capacity exceeding two million barrels per day, but more importantly, the redundancy required by our customers. The combined system provides multiple transportation, disposal and recycling options throughout Lea and Eddy Counties that allows NGL to deliver on its commitments. The Mesquite family will work alongside NGL, operating these assets while expanding the business with additional facilities and contracts.” Mike Krimbill, NGL’s CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US