Global Partners LP closes acquisition of 25 liquid energy terminals from Motiva Enterprises

Global Partners LP closes acquisition of 25 liquid energy terminals from Motiva Enterprises

In a landmark move, Global Partners LP (NYSE: GLP), a leading integrated storage, distribution, and retail liquid energy company, announced the completion of its acquisition of 25 liquid energy terminals from Motiva Enterprises LLC. This strategic transaction, valued at $305.8 million in cash, significantly expands Global Partners LP’s operational footprint across the United States. Strategic […]

Global Partners to buy several liquid energy terminals from Motiva Enterprises for $306m

Global Partners to buy several liquid energy terminals from Motiva Enterprises for $306m

Global Partners LP, an integrated storage, distribution, and retail liquid energy company, has entered into a landmark deal with Motiva Enterprises LLC. The agreement involves the purchase of 25 liquid energy terminals across the Atlantic Coast, the Southeast, and Texas for $305.8 million in cash. Strategic Expansion in Liquid Energy Terminals This acquisition marks a […]

Global Partners LP acquires convenience store chain Miller’s Neighborhood

Global Partners LP acquires convenience store chain Miller’s Neighborhood

Global Partners LP, an American energy supply company, has acquired Virginia-based convenience store chain Miller’s Neighborhood Market in a move to grow its retail presence in the mid-Atlantic region. The financial terms of the deal were not disclosed. Through the deal, Global Partners LP gains 23 convenience stores of which are 21 are company-operated and […]