M&A Deal Summary

Kaneb Pipe Line Partners Acquires Statia Terminals Group NV

On November 13, 2001, Kaneb Pipe Line Partners acquired transportation company Statia Terminals Group NV from Castle Harlan for 307M USD

Acquisition Highlights
  • This is Kaneb Pipe Line Partners’ 1st transaction in the Transportation sector.
  • This is Kaneb Pipe Line Partners’ largest (disclosed) transaction.
  • This is Kaneb Pipe Line Partners’ 1st transaction in Netherlands Antilles.

M&A Deal Summary
Date 2001-11-13
Target Statia Terminals Group NV
Sector Transportation
Buyer(s) Kaneb Pipe Line Partners
Sellers(s) Castle Harlan
Deal Type Add-on Acquisition
Deal Value 307M USD

Target

Statia Terminals Group NV

Curacao, Netherlands Antilles
Statia Terminals Group NV is a independent marine terminal companies.

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Buyer(S) 1

Buyer

Kaneb Pipe Line Partners

Wichita, Kansas, United States
Category Company
Founded 1953
Sector Oil/Gas Exploration
DESCRIPTION

Kaneb Pipe Line Co. LLC manages and operates the pipeline and terminal assets.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Netherlands Antilles) 1 of 1
Year (2001) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Castle Harlan

New York, New York, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1987
PE ASSETS 6.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Castle Harlan is a large private equity firm that targets private company investments in the US and Australia. Castle Harlan targets businesses in a wide range of industries that include, packaging, industrial services, manufacturing, restaurants, business services, distribution, publishing, and transportation. Castle Harlan can provide both equity and mezzanine capital. The Firm is affiliated with Australian private equity firm CHAMP Private Equity, and together formed CHAMP - Castle Harlan Australian Mezzanine Partners. Castle Harlan was formed in 1987 and is based in New York City.

DEAL STATS #
Overall 9 of 38
Sector (Transportation) 1 of 2
Type (Add-on Acquisition) 6 of 17
Country (Netherlands Antilles) 1 of 1
Year (2001) 3 of 3
Size (of disclosed) 6 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-10-17 Worldwide Flight Services

Roissy, France

Worldwide Flight Services is a provider of ground services at over 60 major airports. WFS provides ramp, passenger, cargo, and technical services for more than 200 domestic and international airlines, including American, Continental, British Airways, Cathay Pacific, and Korean Airlines. Worldwide Flight Services was founded in 1984 and is based in Roissy, France.

Sell $285M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-07-25 Morton s Steakhouse

Chicago, Illinois, United States

Morton's Steakhouse is an operator in the upscale steakhouse segment with over 70 restaurants in 26 states in the U.S., Toronto, Canada, San Juan, Puerto Rico, Hong Kong, Shanghai, Singapore, Mexico City and Macau.

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