M&A Deal Summary |
|
|---|---|
| Date | 2020-03-30 |
| Target | PBF Energy - Five Operating Hydrogen Plants |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Air Products and Chemicals |
| Sellers(s) | PBF Energy |
| Deal Type | Divestiture |
| Deal Value | 530M USD |
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| Category | Company |
|---|---|
| Founded | 1940 |
| Sector | Chemicals |
| Employees | 20,000 |
| Revenue | 12.6B USD (2023) |
Air Products and Chemicals serves energy, electronics, chemicals, steel, and manufacturing customers globally with a unique portfolio of products, services, and solutions that include atmospheric gases, process and specialty gases, performance materials, equipment, and services. The Company is a supplier of hydrogen and helium and has built leading positions in growth markets such as semiconductor materials, refinery hydrogen, natural gas liquefaction, and advanced coatings and adhesives. Air Products and Chemicals was incorporated in 1940 and is based in Allentown, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 18 |
| Sector (Oil/Gas Exploration) | 2 of 2 |
| Type (Divestiture) | 5 of 6 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 9 of 9 |
| Year (2020) | 2 of 2 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-12 |
Oxygen & Argon Works
Caesarea, Israel Oxygen & Argon Works is an industrial company that manufactures and supplies industrial gases for industry, research and medicine in Israel and provides installation services and maintenance systems. Oxygen & Argon Works was founded in 1935 and is based in Caesarea, Israel. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-12 |
L Air Liquide S.A. - Industrial Gases Business UAE & Bahrain
United Arab Emirates L'Air Liquide's Industrial Gases Business UAE & Bahrain comprises Air Liquide Emirates for Industrial Gases LLC (ALEMIR) and Orca Industrial Gases LLC based in the UAE and the Middle East Carbon Dioxide W.L.L (MECD) in Bahrain. ALEMIR provides liquid bulk, packaged gases and specialty gases. MECD is a liquid carbon dioxide (CO2) production facility. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 2008 |
| Sector | Oil/Gas Exploration |
| Revenue | 19.8B USD (2014) |
PBF Energy, Inc. is an independent refiner in North America, operating, through its subsidiaries, oil refineries and related facilities in Delaware City, Delaware, Paulsboro, New Jersey and Toledo, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (New Jersey) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2020) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-06-11 |
Royal Dutch Shell - Martinez Refinery
California, United States Royal Dutch Shell plc - Martinez Refinery is a high-conversion refinery capable of capturing heavy/sour differentials. Martinez Refinery produces a high percentage of an on-spec clean product including premium gasoline, diesel, and jet fuel. Martinez has a refining capacity of 157,000 barrels per day and a Nelson Complexity Index of 16.1. |
Buy | $1.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-07-28 |
PBF Logistics
Parsippany, New Jersey, United States PBF Logistics owns and operates logistics assets associated with each of its refineries. PBF Logistics was founded in 2012 and is based in Parsippany, New Jersey. |
Buy | - |
