Hunton Andrews Kurth Represents PBF Energy Inc. in Acquisition of PBF Logistics LP

Hunton Andrews Kurth LLP represented PBF Energy Inc. (NYSE: PBF) in connection with its acquisition of PBF Logistics LP (NYSE: PBFX), which closed on November 30, 2022. In connection with the transaction,  PBF acquired all of the common units representing limited partner interests in PBFX not already owned by PBF and its subsidiaries for a combination of 0.270 of a share of PBF Class A common stock and $9.25 in cash, without interest, per PBFX Public Common Unit.

PBF Energy is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, New Jersey and Ohio. PBF Logistics was formed in February 2013 by subsidiaries of PBF Energy to own or lease, operate, develop and acquire crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets.

Partner Phil Haines led the Hunton Andrews Kurth deal team along with partner Jordan Hirsch and associates Erin Jennings, Casey Shaw and Lexi Williams. Partners Tom Ford and Robert McNamara and associate Tim Strother handled tax matters. Partner Eric Markus handled Section 16 matters. Partner Ed Fuhr, counsel Johnathon Schronce and associate James Lockerby handled transaction-related litigation matters.