Deal snapshot: SUNOCO CLOSES USD 24M ACQUISITION OF BRENCO MARKETING'S FUEL DISTRIBUTION BUSINESS.
MANews-(C)2009-2018
US-based motor fuel distributor Sunoco LP (NYSE: SUN) has closed the acquisition of Brenco Marketing Corp.'s fuel distribution business for approximately USD 24m plus working capital adjustments, the company said.
The acquired wholesale fuels business distributes approximately 95m gallons of fuel annually across a network of approximately 160 dealer and commission agent-operated locations and 100 commercial accounts in Central and East Texas.
Country: USA
Sector: Petroleum/Natural Gas/Coal
Target: Brenco Marketing Corp/ fuel distribution business
Buyer: Sunoco LP
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