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Rail News Home M&A

8/18/2021



Rail News: M&A

Harvestone Group acquires Gateway Terminals


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Harvestone Group yesterday announced it has acquired Gateway Terminals LLC, a bulk liquid terminal complex located on the banks of the Mississippi River in Sauget, Illinois.

The acquisition is part of a continued expansion of Harvestone’s marketing, logistics and trading platform, company officials said in a press release.

The Gateway terminal complex was built in 2008 and includes 400,000 barrels of tank capacity. The facility is multimodal with truck, rail and barge loading and unloading capabilities, and access to several Class Is.

"With over 1 billion gallons now flowing through the Harvestone platform, we have multiple sources of product to connect through Gateway Terminals, creating enhanced economics for both our producer partners and end user customers," said Kevin Stewart, chief marketing officer of Harvestone.