International Process Plants buys GTL wax manufacturing plant in Westlake

International Process Plants buys GTL wax manufacturing plant in Westlake

International Process Plants (IPP) alongside its affiliates has acquired Juniper Acquisitions, the owner of the Juniper Specialty Products gas-to-liquids (GTL) wax manufacturing plant in Westlake, Louisiana. The financial terms of the deal were not disclosed. The rail and truck-served site, which is spread over 10 acres, includes all intellectual property. It is available for lease, […]

Performance Food to acquire wholesale distributor Core-Mark for $2.5bn

Performance Food to acquire wholesale distributor Core-Mark for $2.5bn

Performance Food Group (PFG), a Virginia-based foodservice distribution company, has agreed to acquire Core-Mark in a stock cum cash deal worth around $2.5 billion, which is inclusive of the latter’s net debt. Core-Mark is a Texas-based wholesale distributor that caters to the convenience retail industry in North America with net sales of nearly $17 billion. […]