Sunoco LP Completes the Acquisition of BRENCO
Marketing Corporation's Fuel Distribution Business
DALLAS, Oct. 16, 2018 /PRNewswire/ -- Sunoco LP (NYSE: SUN) ("Sunoco") announced today the completion of the
acquisition of BRENCO Marketing Corporation's fuel distribution business for approximately $24 million plus
working capital adjustments. The acquired wholesale fuels business distributes approximately 95 million gallons of
fuel annually across a network of approximately 160 dealer and commission agent-operated locations and 100
commercial accounts in Central and East Texas.
The acquisition is consistent with Sunoco's strategy of utilizing its scale to grow the core fuel distribution business.
The transactionwas funded using cash on hand and amounts available under Sunoco's revolving credit facility.
About Sunoco LP
Sunoco LP (NYSE: SUN) is a master limited partnership that distributes motor fuel to approximately 9,900 retail
stores, commission agent locations, independent dealers, commercial customers and distributors located in more
than 30 states. SUN's general partner is owned by Energy Transfer Equity, L.P. (NYSE: ETE)
This press release may include certain statements concerning expectations for the future that are forward-looking
statements as dened by federal law. Such forward-looking statements are subject to a variety of known and
unknown risks, uncertainties, and other factors that are dicult to predict and many of which are beyond
management's control. An extensive list of factors that can aect future results are discussed in the Partnership's