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New Deal


Announced

Musket to acquire a refined products fuel terminal from Vecenergy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Infrastructure

Single Bidder

Pending

Domestic

Acquisition

United States

Friendly

Private

Majority

storage terminals

Storage Terminals

Synopsis

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Musket, the trading and logistics arm of the Love's Family of Companies, agreed to acquire a refined products fuel terminal from Vecenergy, the energy division of the Vecellio Group. Financial terms were not disclosed. "This is an exciting new era of fuel terminal logistics for Musket and its customers, including Love's Travel Stops. The move will bring Musket's first-class level of service to a growing Albuquerque market," JP Fjeld-Hansen, Musket Vice President.

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