M&A Deal Summary

PBF Energy Acquires PBF Logistics

On July 28, 2022, PBF Energy acquired transportation company PBF Logistics

Acquisition Highlights
  • This is PBF Energy’s 1st transaction in the Transportation sector.
  • This is PBF Energy’s 3rd transaction in the United States.
  • This is PBF Energy’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2022-07-28
Target PBF Logistics
Sector Transportation
Buyer(s) PBF Energy
Deal Type Merger
Advisor(s) Baker Botts (Legal)

Target

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.

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Buyer(S) 1

Buyer

PBF Energy

Parsippany, New Jersey, United States
Category Company
Founded 2008
Sector Oil/Gas Exploration
Revenue 19.8B USD (2014)
DESCRIPTION

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 3 of 3
Sector (Transportation) 1 of 1
Type (Merger) 1 of 1
State (New Jersey) 1 of 1
Country (United States) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-30 PBF Energy - Five Operating Hydrogen Plants

Parsippany, New Jersey, United States

PBF Energy, Inc.'s Five Operating Hydrogen Plants comprises five hydrogen steam methane reformer (SMR) hydrogen production plants and the long-term supply of hydrogen.

Sell $530M
Mergr

Product

Company

Legal