Sunoco LP acquires Offen Petroleum from Court Square Capital Partners
The $600 million all-cash deal adds a fuel distributor that delivers 2.5 billion gallons annually across the Midwest, Mountain West, and Southwest.
Sunoco LP has reached a definitive agreement to acquire Offen Petroleum from Court Square Capital Partners. The fuel distributor delivers approximately 2.5 billion gallons of fuel annually to 7,000 customers and over 800 retail stations across the Midwest, Mountain West, and Southwest.
The all-cash transaction, valued at around $600 million, is expected to close in the fourth quarter of 2026, pending regulatory approvals. The acquisition's expanded geographic footprint complements Sunoco's existing fuel distribution operations and creates opportunities for organic growth and bolt-on acquisitions.
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