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.
