JobbersWorld is a Petroleum Trends International, Inc. Publication

Category: Mergers and Acquisitions

RaceTrac, Inc. – Georgia’s Second Largest Privately Held Company – Agrees to Acquire Gulf Oil LLC

RaceTrac, Inc., a family-owned, high-growth leader in the convenience store industry, announced that its wholly-owned wholesale fuel supply and trading subsidiary, Metroplex Energy, has signed a definitive agreement with Gulf Oil L.P. to acquire Gulf Oil LLC – an iconic brand with a long and distinguished reputation for combining a premier wholesale fuel distribution network with high-quality petroleum products and services. As part of the transaction, RaceTrac will acquire Gulf’s nationally recognized fuel brand across the United States and U.S. territories, all of Gulf’s branded distributor and license agreements and the exclusive rights to market fuel at Gulf’s retail locations along the Massachusetts Turnpike.

Read More »

RelaDyne Acquires Michigan Petroleum Technologies

RelaDyne, the nation’s largest lubricant distributor and market leader in fuel, diesel exhaust fluid (DEF), and industrial reliability services has acquired Michigan Petroleum Technologies, a petroleum distributor with an emphasis on industrial manufacturing, commercial fleet, and construction segments, in the Michigan geographic region.

Read More »

Recent Archives

Follow to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

RaceTrac, Inc. – Georgia’s Second Largest Privately Held Company – Agrees to Acquire Gulf Oil LLC

RaceTrac, Inc., a family-owned, high-growth leader in the convenience store industry, announced that its wholly-owned wholesale fuel supply and trading subsidiary, Metroplex Energy, has signed a definitive agreement with Gulf Oil L.P. to acquire Gulf Oil LLC – an iconic brand with a long and distinguished reputation for combining a premier wholesale fuel distribution network with high-quality petroleum products and services. As part of the transaction, RaceTrac will acquire Gulf’s nationally recognized fuel brand across the United States and U.S. territories, all of Gulf’s branded distributor and license agreements and the exclusive rights to market fuel at Gulf’s retail locations along the Massachusetts Turnpike.

Read More »

RelaDyne Acquires Michigan Petroleum Technologies

RelaDyne, the nation’s largest lubricant distributor and market leader in fuel, diesel exhaust fluid (DEF), and industrial reliability services has acquired Michigan Petroleum Technologies, a petroleum distributor with an emphasis on industrial manufacturing, commercial fleet, and construction segments, in the Michigan geographic region.

Read More »