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Throughput, the volume of fuel a distribution network moves over time, is about to rise sharply across the Great Lakes. Arko Petroleum has agreed to pay $205 million in cash, plus the cost of inventory, to acquire U.S.
Petroleum Partners, a fuel supply and distribution company that moves about 280 million gallons annually to more than 400 wholesale locations. What the deal includes USPP, as U.S.
Petroleum Partners is known, operates as a vertically integrated platform: it controls fuel sourcing and delivery under one corporate roof rather than contracting those functions separately.
Two fuel terminals come with the acquisition, one in Novi, Michigan, and one in Toledo, Ohio. Both connect to the Buckeye Pipeline system.
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