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Delek US closes sale of west coast asphalt terminals to Andeavor

Delek US Holdings Inc. announced May 21 that it has closed the sale of four asphalt terminals to an affiliate of Andeavor for a total consideration of $75 million, plus working capital.

The sale includes asphalt terminal assets in Bakersfield, Mojave and Elk Grove in California and one in Phoenix, and the company's 50% equity interest in the Paramount-Nevada Asphalt Co. LLC, which is a joint venture that operates an asphalt terminal located in Fernley, Nev.