Delek Closes $285MM Buyout of Permian’s Gravity Water Midstream

Transaction Type
Announce Date
Post Date
Close Date
Estimated Price
285BB
Description

Delek Logistics (DKL) closed its $285 million acquisition of Gravity Water Midstream, the company said Jan. 2.

The company originally publicized the buyout of Gravity’s Midland and Williston basin infrastructure on Dec. 12. Gravity Water Midstream was a division of Gravity Oilfield Services.