PBF Logistics LP, a Parsippany-based company, is paying $100 million for four refined-product terminals in the Philadelphia area, it announced last week. PBF Logistics, the terminal and pipeline facilities partnership of PBF Energy Inc., said in a news release that a wholly-owned subsidiary bought the four terminals from an affiliate of Plains All American Pipeline.
Rochelle Park Food Company Sold to Another Firm
A Rochelle Park-based maker of specialty foods has been sold by its parent equity firm to another company, according to a news release. PANOS Brands LLC was acquired by Indianapolis-based Hammond, Kennedy, Whitney & Company Inc. from New York-based High Road Capital Partners for an undisclosed amount.
AvalonBay Buys Hoboken Apartments in $130M Deal
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