.
MergerLinks Header Logo

New Deal


Announced

Completed

Delek Logistics completed the acquisition of big spring gathering business of Delek US for $153m.

Synopsis

Delek Logistics Partners, a pipeline transportation of crude oil company, completed the acquisition of big spring gathering business of Delek US Holdings, a petroleum refining company, for $153m. "This adds the next step in growth for Delek Logistics. The Big Spring Gathering System is an integral piece of our expanding midstream footprint, which positions us uniquely among refiners with access to crude, in excess of our refining capabilities. Additionally, getting closer to the wellhead allows us to control crude quality and cost, providing improvement in our refining performance and cost structure,” Uzi Yemin, Delek Chairman, President and Chief Executive Officer.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US