Delek Logistics Partners completed the acquisition of H2O Midstream from EIV Capital for $230m.

Delek Logistics Partners, a company that owns, operates, and manages logistics and marketing assets for crude oil and refined products, completed the acquisition of H2O Midstream, an energy midstream company, from EIV Capital, a private equity firm, for $230m. "The acquisition of H2O Midstream supports our core strategy of providing a full midstream service solution to our existing and third-party customers in the prolific Permian Basin. H2O Midstream operations have significant overlap with our existing Midland, Texas operations. The acquisition also presents an opportunity to extract significant synergies through cost optimization and cross product sales," Delek Logistics Partners.