[Context: Charlesbank Capital Partners invested in Blueknight Energy in 2010 and was co-owner with global commodities trading house Vitol. It was sold to privately held Ergon]
Blueknight Energy Partners to Acquire Nine Asphalt Terminals from Ergon for $108.8 Million and Ergon to Acquire Blueknight’s General Partner
- Ergon is a Jackson, Mississippi-based private company established in 1954 involved in asphalt, crude oil and refined products terminalling, marketing and transportation
- Transaction subject to regulatory approvals and expected to close on or before September 30, 2016