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GGLOBAL PARTNERS LP

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GLOBAL PARTNERS LP

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Company history

Global was founded in 1933 as a single truck heating oil distributor. Since then, it has grown through the acquisitions of gasoline stations, convenience stores, pipelines, and storage terminals.

March 2012 - Global Partners acquired Alliance Energy, another company owned by the Slifka family that operated gas stations in the Northeast.

October 2012 - Global Partners announced that it was buying a majority stake in two trans-loading facilities in North Dakota for a fee of around $80 million, expanding its presence in the Bakken region.

January 2015 - Global Partners expanded by acquiring the parent of Xtra Mart convenience stores in a $387-million deal.

December 2023 - Global Partners paid $305.8 million to acquire 25 liquid energy terminals from Motiva. At the time, the acquisition almost doubled Global’s operating footprint in the south and southeast US.

April 2024 - Global Partners announced it had acquired four liquid energy terminals in Massachusetts, Connecticut and New Jersey from Gulf Oil Limited Partnership for $212.3 million.

Source: Wikipedia
  • Overview
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  • Quarterly earnings
  • Similar companies
  • History
  • News
  • Insider Transactions
$49.25Close · Sep 22, 2026