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  6. Enterprise Products Operating Acquires TEPPCO Partners

M&A Deal Summary

Enterprise Products Operating Acquires TEPPCO Partners

On July 31, 2000, Enterprise Products Operating acquired oil/gas exploration company TEPPCO Partners

Acquisition Highlights
  • This is Enterprise Products Operating’s 1st transaction in the Oil/Gas Exploration sector.
  • This is Enterprise Products Operating’s 1st transaction in the United States.
  • This is Enterprise Products Operating’s 1st transaction in Texas.

M&A Deal Summary
Date 2000-07-31
Target TEPPCO Partners
Sector Oil/Gas Exploration
Buyer(s) Enterprise Products Operating
Deal Type Add-on Acquisition

Target

TEPPCO Partners

Houston,, Texas, United States
TEPPCO Partners owns and operates an extensive network of assets that facilitate the movement, marketing, gathering and storage of various commodities and energy-related products. TEPPCO also owns a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems, and in the Gulf of Mexico.

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Buyer(S) 1

Buyer

Enterprise Products Operating

Houston,, Texas, United States
Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Enterprise Products Operating LLC is a provider of midstream energy services.

DEAL STATS #
Overall 1 of 1
Sector: Oil/Gas Exploration M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2000 M&A 1 of 1
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