Roberts Energy Announces the Sale of Their Lubricants Division to Dennison Lubricants
Roberts Energy, which became a CITGO distributor in 2017, made the decision to divest of this business unit to focus its efforts on its core business lines, which have seen dramatic growth over the past few years.
This was a strategic decision by the Roberts Energy team as they continue to grow their commercial fuels business, which includes diesel, gasoline, heating oil, DEF, and Brown Bear Transportation, its common carrier business.
“Our lubricant customers will be in great hands with Dennison. We have known the Dennison family for years, and feel as though they treat their customers with the care and respect that meets our high standards. With their additional compliment of brands and products and large service network, they will continue to create value for our customers who we care so much about”, said Frank Roberts, President of Roberts Energy.
The transaction was completed on May 20th, 2020. Roberts will continue to supply diesel exhaust fluid (DEF) to all of its customers as the product was not part of this transaction.
About Roberts Energy
Roberts Energy is a supplier of diesel fuel, gasoline, heating oil and diesel exhaust fluid to commercial end users in the New England area. The Company’s prominent headquarters are located in Springfield, MA, where it was founded in 1920 as F.L. Roberts. For over 100 years, Roberts has provided customers with a high level of service and expertise in the fuel industry. Roberts Energy focuses on offering smart solutions to buyers through advanced reporting, innovative inventory management systems and top of the line equipment. Roberts’ rapidly growing carrier business, Brown Bear Transportation, specializes in bulk hauling and fuel transport.
About Dennison Lubricants
Dennison Lubricants is one of the oldest and largest lubricants manufacturer, distributor, and marketer for the automotive, aviation, commercial, food handling, industrial, and marine industries throughout the greater New England area. We are New England’s only Shell, Quaker State & Pennzoil Distributor. We also carry the Amalie, Gulf, Oilzum & Pennwood brands. We are a blender, packager & distributor of Diesel Exhaust Fluid (DEF). Dennison prides itself on being a family-run business with a large reach and deep history in the lubricants manufacturing & distribution industries. With over 30 years of experience, Dennison Lubricants is the only manufacturer and distributor to deliver to all six New England states, as well as the entire Hudson River Valley area in New York. Dennison Lubricants is New England’s only ISO 9001:2015 certified Distributor and Blender. With 4 Strategic Locations throughout the New England, We have you covered.
Source: Roberts Energy