Cadence Petroleum Group continues its expansion with the addition of Davison Fuels & Oil. Davison is headquartered in Mobile, Alabama and is one of the largest distributors of fuels, lubricants, DEF products, and related petroleum products throughout the Southeast. In addition, Davison is one of the largest marketers of fleet card management products with its Fuel Masters Fleet Card.
“We are excited to become part of Cadence Petroleum Group,” said David Padgett, President of Davison. “Cadence has expanded very quickly and is the perfect fit for our company moving forward. The resources that this partnership brings to the table enhances our competitive position and will be a huge benefit to our customers and employees for years to come.”
“We chose to join Cadence because of its approach to expansion” said Todd Davison, SVP of Davison. “We gain all the resources and benefits of scale of a large company and can continue to run our company as we have for generations. I am excited about all the new tools we have to better service our customers and take care of our employees.”
“This transaction furthers our strategy of partnering with strong management teams and maintaining the local service on which these companies were built,” said Tyson Pugh, Cadence SVP of Strategy & Business Development. “We will continue to partner with companies that enable us to grow and better serve our customers while providing career opportunities for our employees and a roadmap for growth for our supplier partners.”
“David Padgett and Todd Davison have built a great company with an outstanding reputation for customer service and a solid growth trajectory. David and Todd will continue to lead Davison, as well as taking on larger roles in the overall Cadence business. Davison’s talented team and expanded product offering will accelerate our growth in key geographic markets,” said Bob Romano, Cadence CEO.
About Davison Fuels & Oil
Davison has been a distributor of fuels, lubricants, antifreeze, DEF products, and other ancillary product lines throughout Southeast since 1955. The Fuel Masters Fleet Card is a leading fleet card program focused on providing a superior offer for fleets across the country. For more information, visit www.davisonoil.com.
About Cadence Petroleum Group
Cadence Petroleum is one of the largest distributors of nationally branded and private label finished lubricants, fuel, antifreeze, diesel exhaust fluid, and other ancillary product lines throughout the South, Southeast and Gulf Coast. For additional information, please visit www.cadencepetroleum.com.