On the Record · Delek US Holdings
Delek US Holdings acquisitions, on the record
The businesses Delek US Holdings bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Alon USA Energy, Inc.Word for word“July 2017 Purchased the remaining approximately 53% ownership in Alon that Delek did not already own, in an all-stock transaction, resulting in the addition of the Krotz Springs refinery and the majority ownership in the Big Spring refinery, as well as the addition of our retail segment.” 10-K for 2023 | acquisition | July 2017 | — |
Alon USA Partners, LPWord for word“February 2018 Purchased the remaining 18.4% ownership in the Alon USA Partners, LP, in an all-equity transaction, representing the remaining interest in the Big Spring refinery operations, which has become one of our best-performing refineries.” 10-K for 2023 | acquisition | February 2018 | — |
Red River Pipeline Joint VentureWord for word“May 2019 Acquired a 33% membership interest in Red River Pipeline Joint Venture, which continues to be highly accretive to our Logistics segment and one of the principle drivers of our joint venture investment growth.” 10-K for 2023 | acquisition | May 2019 | — |
Wink to Webster Pipeline ("WWP") Joint VentureWord for word“July 2019 Acquired a 15% membership interest in Wink to Webster Pipeline ("WWP") Joint Venture (which was subsequently converted to an indirect interest via the formation of and contribution to the WWP Project Financing Joint Venture); the WWP JV ramped up operations in 2022 with the completion of long-haul pipeline segments and brings committed volumes that are expected to position the JV for appreciable returns.” 10-K for 2023 | acquisition | July 2019 | — |
3 Bear Delaware Holding – NM, LLC ("3 Bear"), now Delek Delaware GatheringWord for word“June 2022 Acquired 100% of the limited liability company interests in 3 Bear from 3 Bear Energy – New Mexico LLC, related to their crude oil and natural gas gathering, processing and transportation businesses, as well as water disposal and recycling operations, located in the Delaware Basin of New Mexico, which enhanced our third party revenues, further diversified of our customer and product mix and, expanded our footprint into the Delaware basin.” 10-K for 2023 | acquisition | June 2022 | — |
Alon USA Energy, Inc.Word for word“Effective July 1, 2017, we acquired the outstanding common stock of Alon USA Energy, Inc. ("Alon") (the "Delek/Alon Merger"), resulting in a new post-combination consolidated registrant renamed as Delek US Holdings, Inc.” 10-K for 2024 | merger | Effective July 1, 2017 | — |
3 Bear Energy – New Mexico LLCWord for word“June 2022 Acquired 100% of the limited liability company interests in 3 Bear Delaware Holding – NM, LLC (“3 Bear”) (subsequently renamed to Delek Delaware Gathering ("Delaware Gathering")) (the "Delaware Gathering Acquisition") from 3 Bear Energy – New Mexico LLC, related to their crude oil and natural gas gathering, processing and transportation businesses, as well as water disposal and recycling operations, located in the Delaware Basin of New Mexico, which enhanced our third party revenues, further diversified our customer and product mix and, expanded our footprint into the Delaware basin.” 10-K for 2024 | acquisition | June 2022 | — |
FEMSAWord for word“We completed the sale of our Retail Stores during the third quarter 2024 for proceeds of $390.2 million and also entered into a 10 year fuel supply agreement whereby Delek will sell to FEMSA certain motor fuel products for use at the Retail Stores.” 10-K for 2024 | divestiture | third quarter 2024 | $390.2 million |
H2O Midstream Intermediate, LLC, H2O Midstream Permian LLC, and H2O Midstream LLCWord for word“On September 11, 2024, Delek Logistics acquired 100% of the limited liability company interests in H2O Midstream Intermediate, LLC, H2O Midstream Permian LLC, and H2O Midstream LLC from H2O Midstream Holdings, LLC (the “Seller”) related to the Seller’s water disposal and recycling operations in the Midland Basin in Texas for total consideration of $229.7 million (the "H2O Transaction").” 10-K for 2024 | acquisition | September 11, 2024 | $229.7 million |
Gravity Water Intermediate Holdings LLCWord for word“On December 11, 2024, Delek Logistics entered into an agreement to acquire 100% of the limited liability company interests in Gravity Water Intermediate Holdings LLC ("Gravity") from Gravity Water Holdings LLC (the "Gravity Purchase Agreement") related to water disposal and recycling operations in the Permian Basin and the Bakken (the “Gravity Acquisition”) for total consideration of $301.2 million, subject to customary adjustments for net working capital.” 10-K for 2024 | agreed acquisition | December 11, 2024 | $301.2 million |
Tyler refinery tankWord for word“On January 30, 2026, we entered into asset purchase agreements with Delek Logistics, (collectively referred to as “the Intercompany Agreements”), pursuant to which we agreed to acquire a Tyler refinery tank for total consideration of $19.0 million (the “Tyler Tank Purchase”) and El Dorado tank and terminal assets for total consideration of $66.0 million (the “El Dorado Terminal Purchase”).” 10-K for 2025 | agreed acquisition | January 30, 2026 | $19.0 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $0 | $0 | $0 |
| 2017-12-31 | −$196.2 million | $0 | $66.3 million |
| 2018-12-31 | $0 | $110.8 million | $66.3 million |
| 2019-12-31 | $0 | $0 | — |
| 2020-12-31 | $0 | $0 | — |
| 2021-12-31 | $0 | — | — |
| 2022-12-31 | $625.6 million | — | $14.8 million |
| 2023-12-31 | $0 | — | — |
| 2024-12-31 | $182.5 million | — | — |
| 2025-12-31 | $181.2 million | — | — |
Deal filings since 2016
- 2026-09-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-05-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-04-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-03-18 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-02-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-01-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-01-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-12-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-10-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-08-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-12-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-12-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-11-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-10-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-06-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-03-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-08-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-05-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-03-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-08-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-05-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-03-26 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-03-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-02-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-11-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Delek US Holdings’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.