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SHV Energy acquires propane businesses of American Midstream Partners for $170 million

September 2017

Client(s) SHV Energy N.V.

Jones Day advised SHV Energy N.V. in the $170 million acquisition of the propane businesses (Pinnacle Propane, LLC, Alliant Gas, LLC and Pinnacle Propane Express, LLC) of American Midstream Partners, LP (“AMID”). The propane business of AMID is made up of Pinnacle Propane’s 40 service locations; Pinnacle Propane Express' cylinder exchange business and related logistic assets (servicing more than 43 states); and the Alliant Gas utility system.

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