Business

Mass. Mover

Global to buy interest in Basin

Global transports crude. It also owns gas stations.
istockphoto.com
Global transports crude. It also owns gas stations.

Global Partners LP, a Waltham-based company that transports crude oil and other products from the midcontinent region to the East Coast, said it has agreed to acquire a 60 percent membership interest in Basin Transload LLC. The deal is valued at about $80 million. Basin Transload operates two facilities in North Dakota, one is located along the Canadian Pacific Railway and provides single line haul service to Global’s recently expanded terminal in Albany, N.Y.