NGL Energy Partners to acquire Gavilon’s energy business

November 6, 2013 By    

NGL Energy Partners LP will acquire all of the equity interests of Gavilon LLC’s midstream energy business in an $890 million deal expected to close in December, the company announced. Gavilon operates integrated crude oil storage, terminal and pipeline assets in Oklahoma, Texas and Louisiana, along with a crude oil and refined products supply, marketing and logistics business. Gavilon markets and supplies refined products and natural gas liquids through a network of more than 300 distribution terminals across 39 states. The company has been listed in LP Gas’ Suppliers Guide as a propane wholesaler.

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