Latest News and Analysis
Deals and Transactions
Track Drilling (Rigs by operator) | Completions (Frac Spreads)

    emailEmail    |    bookmarkBookmark

Watco Acquires Dow Inc.'s Rail / Infrastructure Assets for $310MM

Announced Date
July 17,2020
Deal Value $
310,000,000
Transaction Type
Asset
Buyer
Watco Companies LLC
Seller
Dow Inc.
Source Documents:
   Source Link
Location
Region
United States

Country
United States


Transaction Details: 

Watco Companies LLC, one of the funds managed by Oaktree Capital Management, has acquired Dow Inc.'s rail infrastructure assets and related equipment for $310 million.

Dow and Watco will enter into long-term service agreements, with the transaction expected to close in the fourth quarter of this year.

Oaktree has been an investor in Watco since 2018.

United States Deal Activity In Last 12 Months


Other United States Region's Deals


Announced DateBuyerSellerDeal Value($mm)LocationCategory
Oct-27-2021 - - Click here   Midstream
Jul-06-2020 - - Click here   Midstream
May-18-2020 - - Click here   Midstream
Jul-08-2019 - - Click here   Midstream
May-10-2019 - - Click here   Midstream

Other United States Deals


Announced DateBuyerSellerDeal Value($mm)LocationCategory
Feb-12-2024 - - Click here Texas  E&P
Feb-07-2024 - - Click here California  E&P
Jan-31-2024 - - Click here North Dakota  E&P
Jan-15-2024 - - Click here Louisiana  E&P
Jan-11-2024 - - Click here West Virginia  E&P