Alon USA Energy acquires petroleum refinery from Valero Energy for $433 million
Clients Alon USA Energy, Inc.
Jones Day advised Alon USA Energy in its $433 million cash purchase of all the outstanding stock of Valero Refining Company-Louisiana from Valero Refining and Marketing Company, including Valero's 85,000 barrel-per-day refinery in Krotz Springs, Louisiana. The refinery processes crude oil into gasoline and other refined products. Alon USA Energy, headquartered in Dallas, Texas, is an independent petroleum refiner and marketer, operating primarily in the South Central, Southwestern and Western regions of the United States. Jones Day provided M&A advice and antitrust representation in this matter.