M&A Deal Summary

World Kinect Acquires Associated Petroleum Products

On June 23, 2016, World Kinect acquired energy services and equipment company Associated Petroleum Products

Acquisition Highlights
  • This is World Kinect’s 3rd transaction in the Energy Services and Equipment sector.
  • This is World Kinect’s 10th transaction in the United States.
  • This is World Kinect’s 1st transaction in Washington.

M&A Deal Summary

Date 2016-06-23
Target Associated Petroleum Products
Sector Energy Services and Equipment
Buyer(s) World Kinect
Deal Type Add-on Acquisition

Target

Associated Petroleum Products

Tacoma, Washington, United States
Associated Petroleum Products, Inc. is a provider of fuel and related services to agricultural, automotive, construction, and commercial and industrial customers in the Pacific Northwest.

Search 200,500 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

World Kinect

Miami, Florida, United States

Category Company
Founded 1984
Sector Energy Services and Equipment
Employees5,289
Revenue 47.7B USD (2023)
DESCRIPTION
Entrance to World Fuel Services' headquarters in Miami, Florida.
Entrance to World Fuel Services' headquarters in Miami, Florida.

World Kinect is a global energy management company offering fulfillment and related services to more than 150,000 customers across the aviation, marine, and land-based transportation sectors. The Company also supplies natural gas and power in the United States and Europe along with a growing suite of other sustainability-related products and services. World Kinect was founded in 1984 and is based in Miami, Florida.


DEAL STATS #
Overall 14 of 16
Sector (Energy Services and Equipment) 3 of 4
Type (Add-on Acquisition) 11 of 12
State (Washington) 1 of 1
Country (United States) 10 of 12
Year (2016) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-23 PAPCO

Virginia Beach, Virginia, United States

PAPCO, Inc. is a provider of fuel, price-risk management products, and fleet card solutions to retail, commercial and industrial customers throughout the Mid-Atlantic region of the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-22 Universal Weather and Aviation - UVair® Fuel Business

Houston, Texas, United States

Universal Weather and Aviation, Inc. - UVair® Fuel Business provides fuel supply to its customers.

Buy $170M