M&A Deal Summary |
|
|---|---|
| Date | 2016-08-29 |
| Target | MAPCO Express |
| Sector | Retail |
| Buyer(s) | Compañía de Petróleos de Chile Copec S. A. |
| Sellers(s) | Delek US |
| Deal Type | Divestiture |
| Deal Value | 535M USD |
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| Category | Company |
|---|---|
| Founded | 2003 |
| Sector | Retail |
COPEC is one of the largest companies in Chile, operating in fuel and lubricants distribution and convenience stores. COPEC has an existing presence in the convenience stores with the largest convenience store network in Chile and approximately 53% of Chilean gasoline market share with 626 company and dealer operated service stations, 82 Pronto-branded convenience stores and 220 Punto-branded convenience stores, an industry innovator with Pagoclick (mobile pay), Zervo (self-serve fueling dispenser) and leading convenience store developer with multiple formats for urban, suburban and highway locations.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Retail) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-04-27 |
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 | - |
| Category | Company |
|---|---|
| Founded | 2001 |
| Sector | Energy Services and Equipment |
| Employees | 3,591 |
| Revenue | 16.9B USD (2023) |
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 | 1 of 2 |
| Sector (Retail) | 1 of 2 |
| Type (Divestiture) | 1 of 2 |
| State (Tennessee) | 1 of 1 |
| Country (United States) | 1 of 2 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-07-16 |
Lion Oil
El Dorado, Arkansas, United States Lion Oil Co. is a privately held company, owns and operates a 75,000 barrel per day, high conversion crude oil refinery in El Dorado, AR, three crude oil pipelines and two refined petroleum products terminals in Memphis and Nashville, TN. The two terminals supply products to some of Delek's 188 convenience stores in the Memphis and Nashville, TN markets. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-01-03 |
Alon USA Energy
Dallas,, Texas, United States 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. |
Buy | $464M |
