• With New Deal, Empire Aims at Columbus, Cleveland Markets

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    Empire Petroleum Partners has acquired 57 dealer supply contracts from
    Certified Oil Company in a deal the company says provides it with a
    "considerable" footprint in Ohio.

    Details of the acquisition were not made public.

    Dallas-based Empire already distributes motor fuel products in the
    Mid-Atlantic, Southeastern, Southwestern and Midwestern states. Certified has
    been operating in Ohio since 1939, when the business began with the opening of
    a gas station in Piqua.

    "The Certified book of business provides considerable penetration into the
    state of Ohio, with concentration more specifically in the Columbus and
    Cleveland markets," Empire said in an announcement about the deal. The company
    said Certified's dealer supply contracts strengthen its relationships with some
    of its key branded partners, including Exxon, Marathon, Sunoco and Valero.

    Empire said the deal is part of an ongoing eight-year acquisition effort.

    In August 2018, the company announced it had acquired the retail fuel
    distribution business of Tulsa, Okla.-based B&M Oil Company, its third
    acquisition in Oklahoma in two years. In June of that year, it announced its
    purchase of the wholesale distribution business of Willoughby Inc., which
    expanded the company's footprint in Tennessee, Mississippi and Arkansas.

    --Steve Cronin, scronin@opisnet.com



    Copyright, Oil Price Information Service

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