M&A Deal Summary

Delek US Acquires Alon USA Energy

On January 3, 2017, Delek US acquired oil/gas exploration company Alon USA Energy for 464M USD

Acquisition Highlights
  • This is Delek US’s 2nd transaction in the Oil/Gas Exploration sector.
  • This is Delek US’s largest (disclosed) transaction.
  • This is Delek US’s 2nd transaction in the United States.
  • This is Delek US’s 1st transaction in Texas.

M&A Deal Summary
Date 2017-01-03
Target Alon USA Energy
Sector Oil/Gas Exploration
Buyer(s) Delek US
Deal Type Add-on Acquisition
Deal Value 464M USD
Advisor(s) Morgan Stanley (Financial)
Vinson & Elkins
Gibson, Dunn & Crutcher (Legal)

Target

Alon USA Energy

Dallas,, Texas, United States
website
USA Energy, Inc. is an independent refiner and marketer of petroleum products, operating primarily in the western and south-central regions of the United States.

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Buyer(S) 1

Buyer

Delek US

Brentwood, Tennessee, United States

website

Category Company
Founded 2001
Sector Energy Services and Equipment
Employees3,746
Revenue 20.2B USD (2022)
DESCRIPTION

Delek US is a diversified downstream energy company with assets in petroleum refining, logistics and convenience store retailing. The refining segment consists of refineries operated in Tyler, Texas and El Dorado, Arkansas with a combined nameplate production capacity of 155,000 barrels per day. Delek US was incorporated in 2001 and is based in Brentwood, Tennessee.

DEAL STATS #
Overall 2 of 2
Sector (Oil/Gas Exploration) 2 of 2
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 2 of 2
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-29 MAPCO Express

Brentwood, Tennessee, United States

MAPCO Express is a major convenience store chain with 348 corporate stores operating primarily in Tennessee, Alabama and Georgia, with an additional presence in Arkansas, Virginia, Kentucky and Mississippi. MAPCO operates company stores under the banners MAPCO Express, MAPCO Mart, East Coast, Fast Food and Fuel, Favorite Markets, Delta Express and Discount Food Mart. MAPCO Express is based in Brentwood, Tennessee.

Sell $535M
Mergr

Product

Company

Legal