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New Deal


Announced

Completed

Savage completed the acquisition of Texon.

Financials

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

Tags

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United States

Completed

energy marketing

Integrated Oil and Gas

Domestic

Acquisition

Majority

Private

Single Bidder

Synopsis

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Savage, a provider of supply chain infrastructure and solutions, completed the acquisition of Texon, a midstream service provider of butane blending and energy marketing. “With the acquisition of Texon we’re adding an excellent team with deep expertise and an outstanding reputation in the energy space. We see tons of opportunities to drive value for our Customers through our combined teams, assets and services. We’re excited to welcome the Texon team to Savage and continue to connect end-to-end supply chains," Kirk Aubry, Savage President and CEO.

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