M&A Deal Summary

Sunoco Acquires Lehigh Gas 25 Retail Locations

On December 14, 2010, Sunoco acquired retailer Lehigh Gas 25 Retail Locations

Acquisition Highlights
  • This is Sunoco’s 1st transaction in the Retail sector.
  • This is Sunoco’s 1st transaction in the United States.
  • This is Sunoco’s 1st transaction in New York.

M&A Deal Summary

Date 2010-12-14
Target Lehigh Gas 25 Retail Locations
Sector Retail
Buyer(s) Sunoco
Deal Type Add-on Acquisition

Target

Lehigh Gas 25 Retail Locations

New York, United States
Lehigh Gas Corporation, 25 Retail Locations comprises 25 petroleum products retail locations. The 25 Retail Locations are located in the Buffalo, Syracuse, Albany, and Rochester, New York.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Sunoco

Philadelphia, Pennsylvania, United States

Category Company
Founded 1886
Sector Oil/Gas Exploration
DESCRIPTION

Sunoco, Inc. refines and markets petroleum products in the United States.


DEAL STATS #
Overall 1 of 2
Sector (Retail) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (New York) 1 of 1
Country (United States) 1 of 2
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-30 Sunoco Retail Heat

United States

Sunoco Retail Heat is a US distributor of a broad range of liquid fuels and propane gas serving markets in Pennsylvania and New York which also provides comprehensive services to its customers. Sunoco Retail Heat has a distribution network which includes the operation of two pipeline-supplied fuel terminals and 22 retail bulk plants providing up to 20 million gallons of storage capacity in its core markets.

Sell $86M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-01 SunCoke Energy

Lisle, Illinois, United States

SunCoke Energy is a producer of high-quality metallurgical coke. SunCoke Energy was formed in 1960 and is based in Lisle, Illinois.

Sell -