Add-on Acquisition • Transportation

Zenith Energy Acquires Arc Logistics Partners

On August 29, 2017, Zenith Energy acquired transportation company Arc Logistics Partners

Acquisition Context
  • This is Zenith Energy’s 1st transaction in the Transportation sector.
  • This is Zenith Energy’s 1st transaction in the United States.
  • This is Zenith Energy’s 1st transaction in New York.

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M&A Deal Summary

Date August 29, 2017
Target Arc Logistics Partners
Sector Transportation
Buyer(s) Zenith Energy
Deal Type Add-on Acquisition

Target Company

Arc Logistics Partners

New York, New York, United States
Arc Logistics Partners LP is an owns and operater of terminalling, storage, transloading and pipeline assets as an independent logistics provider. Arc Logistics Partners is based in New York, New York.
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Buyer Overview 1

Buyer

Zenith Energy

Houston, Texas, United States

Category Company
Founded 2014
Sector Oil/Gas Exploration
DESCRIPTION

Zenith Energy is a midstream company that owns and operates over 32 million barrels of renewable fuels, crude oil, petroleum products, chemicals, and vegetable oil storage across North American, Europe, and Latin America through its subsidiaries Zenith International and Zenith U.S. Zenith Energy was founded in 2014 and is based in Houston, Texas.


Deal Context for Buyer #
Overall 2 of 3
Sector: Transportation 1 of 1
Type: Add-on Acquisition 1 of 1
State: New York 1 of 1
Country: United States 1 of 2
Year: 2017 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-02 The Amsterdam terminal

Netherlands

The Amsterdam terminal is strategically located on the North Sea Canal in the Amsterdam, Rotterdam and Antwerp (“ARA”) region. The ARA region represents the largest concentration of refining capacity in Europe and one of the largest refined product trading hubs in the world.The Amsterdam terminal has storage capacity of more than six million barrels for gasoline, ethanol, middle distillates, biodiesel, kerosene and liquefied petroleum gas with capabilities for sophisticated blending. The terminal has connectivity for ocean vessels, inland waterways and trucks, and deep draft to service oceangoing tankers up to 135,000 tons with multiple berths for barges and ships. The Amsterdam terminal also has significant room for expansion projects.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-15 Plains All American Pipeline - Three Interconnected West Coast Terminals

Houston, Texas, United States

Plains All American Pipeline LP - Three Interconnected West Coast Terminals comprise terminals in Los Angeles County, commonly referred to as the Long Beach, Dominguez Hills, and Alamitos Terminals, in addition to approximately 50 miles of bi-directional pipeline providing interconnection between the terminals as well as direct connectivity to all major refineries in the region.

Buy -