Arko Petroleum completes acquisition of U.S. Petroleum Partners assets
ARKO•Arko Petroleum completed its acquisition of U.S. Petroleum Partners’ fuel supply and distribution business on November 10, 2026, for approximately $200 million in cash, excluding inventory, plus 2,018,245 shares valued at $30 million.
1. Deal terms
The acquired business includes two pipeline-connected fuel terminals in Michigan and Ohio, with rights to supply approximately 400 dealer locations. The cash consideration was funded through existing credit lines. The shares issued to the seller are held in escrow with dividends, and their release depends on EBITDA targets for the 12 months ending December 31, 2027.
