M&A Deal Summary

Martin Midstream Partners Acquires Redbird Gas Storage

On October 2, 2012, Martin Midstream Partners acquired oil/gas exploration company Redbird Gas Storage for 150M USD

Acquisition Highlights
  • This is Martin Midstream Partners’ 2nd transaction in the Oil/Gas Exploration sector.
  • This is Martin Midstream Partners’ largest (disclosed) transaction.
  • This is Martin Midstream Partners’ 3rd transaction in the United States.
  • This is Martin Midstream Partners’ 1st transaction in Texas.

M&A Deal Summary

Date 2012-10-02
Target Redbird Gas Storage
Sector Oil/Gas Exploration
Buyer(s) Martin Midstream Partners
Deal Type Add-on Acquisition
Deal Value 150M USD

Target

Redbird Gas Storage

Kilgore, Texas, United States
Redbird Gas Storage LLC operates and manages natural gas storage facilities.

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Buyer(S) 1

Buyer

Martin Midstream Partners

Kilgore, Texas, United States

Category Company
Founded 2002
Sector Energy Services and Equipment
Revenue 797M USD (2023)
DESCRIPTION

Martin Midstream Partners is engages in terminalling, storage and packaging services for petroleum products and by-products including refining, blending and packaging of finished lubricants,Natural gas liquids distribution services and natural gas storage. Martin Midstream Partners was founded in 2002 and is based in Kilgore, Texas.


DEAL STATS #
Overall 3 of 9
Sector (Oil/Gas Exploration) 2 of 6
Type (Add-on Acquisition) 1 of 4
State (Texas) 1 of 4
Country (United States) 3 of 9
Year (2012) 2 of 2
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-02 Cross Oil Specialty Lubricant Product Packaging Assets

United States

Cross Oil Specialty Lubricant Product Packaging Assets, comprises a 235,000 square foot production and warehouse facility, 2.8 million gallons of bulk storage and on-site, state-of-the-art blending and packaging equipment.

Buy $122M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-03 Talen s Marine and Fuel

Jennings, Louisiana, United States

alen's Marine and Fuel, LLC distributes fuel, lubricants, and chemicals in the Gulf Coast region.

Buy -